Accounting records are designed to be kept on subjective rather than objective evidence.

Name: Accounting records are designed to be kept on subjective rather than objective evidence.
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Question

Quizplus · Accepted Answer

Accounting records are designed to be kept on objective evidence, such as invoices, receipts, and bank statements. Subjective evidence, such as personal opinions or estimates, may be used in certain situations, but it should be clearly identified as such and supported by objective evidence wherever possible.

Accounting Records Are Designed to Be Kept on Subjective Rather