Accountant Question:

Download Job Interview Questions and Answers PDF

What is the term material facts in accounting?

Accountant Interview Question
Accountant Interview Question

Answer:

Material facts are the bills or any document that becomes the base of every account book. It means that all those documents, on which account book is prepared, are called material facts.

Download Accountant Interview Questions And Answers PDF

Previous QuestionNext Question
Tell me have you ever prepared MIS reports and what are these?What is the mean of purchase return in accounting?