ECONOMICS
BUDGETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
helps me know what I spend.
|
|
|
helps me stay within my spending plan.
|
|
|
makes me more responsible.
|
|
|
all of the above
|
Detailed explanation-1: -It was originally spelled with a space (record keeping) and is also often spelled with a hyphen (record-keeping). Recordkeeping is a compound word, meaning it is made by combining two separate words without making any changes to them.
Detailed explanation-2: -Meaning of record keeping in English the activity of organizing and storing all the documents, files, invoices, etc. relating to a company’s or organization’s activities: Complaints about poor record keeping and alleged abuse have been building for more than a decade. detailed/careful record keeping.
Detailed explanation-3: -Definition: One of the main parts of accounting is recordkeeping or bookkeeping. Recordkeeping is the process of recording transactions and events in an accounting system.
Detailed explanation-4: -I. Administrative Records. Records which pertain to the origin, development, activities, and accomplishments of the agency. II. Legal Records. III. Fiscal Records. IV. Historical Records. V. Research Records. VI. Electronic Records.