A bookkeeper's first task is to
A) separate all of the firm's transactions into meaningful categories.
B) prepare the firm's financial statements.
C) summarize the firm's financial data.
D) interpret and report data to the firm's management.

Question

Quizplus · Accepted Answer

The first task of a bookkeeper is to separate all of the firm's transactions into meaningful categories for easier analysis and organizing. This provides a foundation for preparing financial statements, summarizing financial data, and interpreting and reporting data to the firm's management, which are typically later tasks in the bookkeeping process.

A Bookkeeper's First Task Is to