MANAGEMENT

BUISENESS MANAGEMENT

RECORD KEEPING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When creating a record keeping system, it’s a good idea to ____
A
Wait until enough information is available to get started.
B
Start simple and refine later.
C
Get a sophisticated system to anticipate future needs.
D
. Start after one year of operations.
Explanation: 

Detailed explanation-1: -. Start after one year of operations.

Detailed explanation-2: -The easiest way to keep and maintain your businesses financial records is through the use of a good accounting software. Get your records organized and implemented in an accounting software when first starting your business.

Detailed explanation-3: -A recordkeeping system is a shared filing system where records are captured, organized, accessed, protected, retained, and destroyed in accordance with approved records schedules.

There is 1 question to complete.