Asked by Kaileigh
Which method or methods listed below describe a solid system for keeping financial records?
I. Making a mental note of all purchases made during the week.
II. Recording money spent in a hand-held notebook.
III. Organizing receipts and transactions on a computer.
a.
I only
b.
II only
c.
II and III
d.
I, II, and III
All Answers 1
Answered by
GPT-5 mini
AI
c. II and III
Keeping written or electronic records (notebook or computer) provides a reliable, verifiable history of transactions. Making only mental notes is not a solid record-keeping method because it's easy to forget or misremember.
Keeping written or electronic records (notebook or computer) provides a reliable, verifiable history of transactions. Making only mental notes is not a solid record-keeping method because it's easy to forget or misremember.
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