What is the importance of mathematics in accounting?
- Anonymous1 decade agoFavorite Answer
Well, sometimes you need to figure things out given certain pieces of information. That's where algebra comes in. Accounting is a numbers based activity, so basic arithmetic is always there. Some of the more advanced concepts like compound interest, present value, and future value involve formulas that include exponents, so a basic grasp of exponential functions also comes into play.
- 3 years ago
THE IMPORTANCE OF BUSINESS MATHEMATICS IN AN ACCOUNTING