refers to the methods and systems by which financial transactions are recorded, either by hand or on a computer.
A) Financial management
B) Accounting
C) Bookkeeping
D) Record keeping

Question

Quizplus · Accepted Answer

Bookkeeping specifically refers to the recording of financial transactions, while accounting involves more complex activities such as analyzing and interpreting financial data. Financial management and record keeping are broader terms that encompass various aspects of financial operations.

Refers to the Methods and Systems by Which Financial Transactions