A systematic way to maintain the books of account is called ___?

A. Economics
B. Accountancy
C. Book Keeping
D. Auditing

Answer

Correct Answer: C. Book Keeping

Detail about MCQs

The systematic way to maintain the books of accounts is called “Bookkeeping” (Option C). Here’s a brief explanation of the terms mentioned: Bookkeeping (Option C): Bookkeeping is the systematic process of recording, organizing, and maintaining financial transactions of a business. This includes recording income and expenses, ensuring accuracy, and creating financial statements.

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