Refresh this page in every 5 minutes starting from 3 hours to the exam.
This is actually examplaza.com 2018 neco book keeping answers, if you need 2021 neco book keeping answers, Click on the chat button to chat us on Whatsapp now. Our Answers come a night to the exam
Use this No. 2
Under BOOK KEEPING:
Book keeping is responsible for the recording of financial transactions
(ii) Bookkeeping does not involve interpreting and analyzing data.
Bookkeeping is capable of handling the recording part of the accounting process
(i) Accounting is responsible for interpreting, classifying, reporting and summarizing financial data.
(ii) Accounting involves interpreting and analyzing data
(iii) Accountant handle all parts of the accounting process.
(i) Bookkeeping gives companies a reliable measure of their performance
(ii) It also provides information on general strategic decisions and a benchmark for its revenue and income goals
(iii) It helps in maintaining the spending extra time and money on records
(iv) It helps in keeping records of any penny spent