Because accounting is not very much concerned with the human element, we can expect it to be more precise in its measurement and predictions than are the natural sciences.

Question

Quizplus · Accepted Answer

This statement is false. While accounting may be more precise in its measurements than some natural sciences, it cannot be expected to be more precise in its predictions because it is influenced by human behavior and decisions. The human element affects factors such as consumer demand, market trends, and economic conditions, which can be difficult to predict with complete accuracy.

Because Accounting Is Not Very Much Concerned with the Human