New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    What is the primary purpose of bookkeeping in

    business?
    A To manage employee performance Correct Answer Incorrect Answer
    B To monitor marketing campaigns Correct Answer Incorrect Answer
    C To maintain accurate financial records Correct Answer Incorrect Answer
    D To develop new product ideas Correct Answer Incorrect Answer

    Solution

    Option 3 is the correct answer because bookkeeping is the process of recording, organizing, and managing the financial transactions of a business, and its primary purpose is to maintain accurate financial records.

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