JAMB Accounting 2016 Objective — Question 9
Question 9 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2016 Objective paper, with the correct answer and a full explanation.
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9. The difference between book keeping and accounting is that (a) book keeping interprets data, accounting records it (b) book keeping records data accounting interprets it (c) book keeping summarises information, accounting communicates it (d) book keeping is regarded as the language of the business, accounting ascertains its strength and weakness
- A. book keeping interprets data, accounting records it
- B. book keeping records data accounting interprets itCorrect
- C. book keeping summarises information, accounting communicates it
- D. book keeping is regarded as the language of the business, accounting ascertains its strength and weakness
Explanation
Book keeping records data while accounting interprets it.
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