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Is this statement is :
1. True
2. False
about me it is false .
False, because, book keeping is only one part of Accounting
2. False
Because keeping business notebooks are part of the accounting process followed by work and many long parts and stages
Although they both involve the process of recording the financial transactions of a business, bookkeeping and accounting are two different terms.
Bookkeeping is the process of recording, in chronological order, the daily transactions of a business entity. It forms part of the accounting information system.
On the other hand, accounting is an information system – includes the process of recording, classifying, summarizing, reporting, analyzing and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision making.
Accountants give orders; bookkeepers follow them.
Mainly, Accountant works with Balance Sheet, Profit & Loss Account and Cash Flow Statement while Bookkeeper work with Journal and Ledgers
The answer is FALSE.
Although Book-keeping and Accounting is inter-related but Book-keeping is a just a part of Accounting while Accounting has a wider role.
The word Book-keeping or Book-Keeper is rarely used now-a-days. One more difference between them is a Book-keeper cannot be a Accountant but a Accountant can be both at the same time.
it is False.........................
False ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
I agree with the answer given by sisira kumara Senior Accountant.
answer is false.............................................
it's false ofcourse, diploma can get that job, as for accountant is for bachelor, that's my bro job title and he is diploma
Obviously the answer is false.
