The big advantage of ..... cost accounting is that it leads to absolute certainty and it fits in perfectly with the cash flow statement and so there is no doubt about balance sheet amounts; whereas the alternatives, where accountants attempt to take inflation into account, can lead to many problems.

The big advantage of ..... cost accounting is that it leads to absolute certainty and it fits in perfectly with the cash flow statement and so there is no doubt about balance sheet amounts; whereas the alternatives, where accountants attempt to take inflation into account, can lead to many problems. (*) actual (*) historical (*) initial (*) original


This is a companion discussion topic for the original entry at https://english.best/questions/10887,the-big-advantage-of-___-cost-accounting-is-that-it-leads-to-absolute-certainty-and-it-fits-in-perfectly-with-the-cash-flow-statement-and-so-there-is-no-doubt-about-balance-sheet-amounts-whereas-the-alternatives-where-accountants-attempt-to-take-inflation-into-account-can-lead-to-many-problems/