What is Difference between objective and advantage. What is thought process between these two terminology. When we are saying objective and advantage of accounting
See objective is the purpose of doing something. While the advantages are the benefits u get of doing something. Both can be same . For eg. When we do accounting , our objective is maintaining writen record of all transactions, determining profit or loss or financial position. While advantages are the objectives of doing something plus the additional benefits that you get which u didn't thought of. Like accounting will help in legal cases. But this is not the objective of accounting.
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What is Difference between objective and advantage. What is thought process between these two terminology. When we are saying objective and advantage of accounting
See objective is the purpose of doing something. While the advantages are the benefits u get of doing something.
Both can be same . For eg. When we do accounting , our objective is maintaining writen record of all transactions, determining profit or loss or financial position.
While advantages are the objectives of doing something plus the additional benefits that you get which u didn't thought of. Like accounting will help in legal cases. But this is not the objective of accounting.
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