Meaning and Objectives of Accounting — Account STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceAccountMeaning and Objectives of Accounting1 Mark
Question
Which value is most important for a good accountant?
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Answer
A good accountant is the one who is honest and shrewd. He must ensure that all transactions are recorded in the books of accounts and there should be no hiding of facts. Sometimes, pressure may be put on him to hide certain facts in accounts to evade tax or any other purpose. But he should behave in a honest and shrewd manner.
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