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Managerial accounting The history of accounting is as old as civilization. It is the process of identifying, measuring, recording and communicating economic information, capable of

Managerial accounting The history of accounting is as old as civilization. It is the process of identifying, measuring, recording and communicating economic information, capable of being expressed in terms of money. The utility of accounting information lies in its ability to reduce uncertainty. The information has to be relevant, verifiable, quantifiable and free from bias. Prior to the industrial revolution, businesses were small and characterized by simple market exchanges between individuals and organizations. In those times there was a need of accurate book keeping though not that much of cost accounting.

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60 If using zinc in the treatment of Wilson's disease, should the salt used to treat the disease be zinc acetate, or is any zinc-containing salt such as zinc sulphate sufficient? Question 61 Is alkaline phosphatase of value in the differential diagnosis of jaundice? If so, in what type is this raised?

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