Although the terms accounting and bookkeeping are often used interchangeably,a point of distinction is that the scope of bookkeeping tends to be
A) narrower.
B) more important.
C) subject to interpretation.
D) more lucrative.
E) broader.

Question

Quizplus · Accepted Answer

Much narrower and far more mechanical than accounting,bookkeeping is typically limited to the routine,day-to-day recording of business transactions.

Although the Terms Accounting and Bookkeeping Are Often Used Interchangeably,a