Which statement best describes the relationship between bookkeeping and accounting?
A) Accounting is a summary of the activities of bookkeeping.
B) Bookkeeping takes care of all the reporting activities of accounting.
C) Accounting plans the bookkeeping process.
D) Bookkeeping involves the recording activities of accounting.

Question

Quizplus · Accepted Answer

Accounting is a summary of the activities of bookkeeping.

Which Statement Best Describes the Relationship Between Bookkeeping and Accounting