The process of bookkeeping includes records produced from?
Ledgers
Source documents
Minutes of meeting
Intuitive reasoning
Correct answer is A
Bookkeeping is the recording of financial transactions in which all of the financial transactions of the business (consisting of income and expenses) are entered into a database. It uses records recorded in the ledger.
Ledgers is a book or other collection of financial accounts.
Which of the following branches of accounting was first developed?
Cost accounting
Financial acounting
Management accounting
Petroleum accounting
Correct answer is B
No explanation has been provided for this answer.
The Auditor General of the Federation can be removed by the?
National Assembly
Chief Justice
The president
Head of Service
Correct answer is C
No explanation has been provided for this answer.
Which of the following is among the categories of government cash book?
Receipt cash book
Payment cash book
Petty cash book
Treasury cash book
Correct answer is D
No explanation has been provided for this answer.