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there are four factors1-estimate2-accounting methods3-disclosure incentives4-different needs of users
I agree with answers provided
1. Conventional methods.
2.Approximations
3.Accounting tools and professional accounting.
4.Estimations
5.% of profit less expenses
6.income/profit received less expenses.
7.Using proportions and ratios based on past experiences and/ or on the basis of agreements.
8.Guess work
AGREE WITH YOUR ANSWER
Agreed with colleagues answers