Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Business BTEC Unit 3(Personal and Business Finance) > (C1) Purpose of Accounting > Flashcards

(C1) Purpose of Accounting Flashcards

1
Q

What is accounting?

A

The record of a businesses transactions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the purposes of accounting?

A
  • Recording Transactions
  • Managing the business
  • Measure performamce of the business
  • Compliance with laws
  • Control Debts
How well did you know this?
1
Not at all
2
3
4
5
Perfectly

Business BTEC Unit 3(Personal and Business Finance) (16 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions