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JAMB Accounting 2020 Objective — Question 1

Question 1 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2020 Objective paper, with the correct answer and a full explanation.

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1. Book-keeping deals with ......... and financial accounting deals with ......... .

  • A. A. Computation/documentation
  • B. B. Documentation/recording
  • C. C. Recording/documentation
  • D. D. Documentation/computationCorrect

Explanation

Book-keeping deals with documentation of financial records while financial accounting deals with computation and analysis of records.

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