Economics · Book-keeping and Accounting
Consider the following statements with respect to Book-keeping: 1. It provides the base or foundation for accounting. 2. The primary stage of the accounting function is called Book-keeping. Select the correct answer using the codes given below:
- 1Neither 1 nor 2
- 2Only 2
- 3Only 1
- 4Both 1 and 2✓
Correct answer
Both 1 and 2
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