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HIGH, if all records should be kept of a company, whether it is monetary spending/earning, hiring/firing of an employee, or taking days off for any reason, records should be kept in case the government comes asking for records, or in case a person wants to sue your company.
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∙ 11y ago
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What kind of script was used for business transactions and record keeping?
a hieratic script
What is Accaunting?
Accounting is the mathematical record of any business. IE keeping the record of incoming and goods that are sold in an understandable language.
What form of business ownership that usually requires the most detailed record keeping?
corporation
What is record keeping in a business?
Maintaining daily transaction records in account books in a business is called record keeping. While it was manual in early days, presently all records are kept in computer generated accounting system where chances of error is minimum.
What are the advantages of record keeping?
One great advantage of record keeping is it allows you to see the profitability of your business. It also allows for you to provide the IRS with the proper information they need to file your annual return.
What are the importance of medical record keeping?
The importance of medical record keeping is keeping a treatment record of a patient that allows medical professionals to know the patient's past
What was the ancient writing systems importance?
Communication and record keeping.
What was the importance of Phoenician writing?
It enabled easier communication and record keeping.
What kind of script was used for business transactions and record keeping?
a hieratic script
What is the importance of computers in the day to day operations of people?
For all practical purposes, computers of all types are part and parcel of modern day business and government as well. Record keeping, various types of business analysis and projections are all done with computers.
What is Accaunting?
Accounting is the mathematical record of any business. IE keeping the record of incoming and goods that are sold in an understandable language.
What form of business ownership usually requires the most detailed record keeping?
corporation
What script was used in Egyptian history for business transactions and record keeping?
It was called 'hieratic '.
What form of business ownership that usually requires the most detailed record keeping?
corporation
What is record keeping in a business?
Maintaining daily transaction records in account books in a business is called record keeping. While it was manual in early days, presently all records are kept in computer generated accounting system where chances of error is minimum.
Recognize the importance of keeping friends?
Importance of Keeping Friends
What are some effects of record keeping?
Record keeping ensures that an organization or business is able to learn from the past in order to make improvements. It is also a great way to check for accuracy and future references.
