MPSC PYQEconomicsenglish
Which of the following statements are correct about Accounting Benefits? (a) Since all financial transactions are regularly recorded this information can be used for further reference in future. (b) Account book information can be used as evidence. (c) There is no need to depend on memory. Therefore, the continuity of the transaction is maintained. (d) Financial transactions cannot be controlled.
A.Only (a) and (b)
B.Only (a), (b) and (c)
C.Only (c) and (d)
D.All of the above
Correct answer: B