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What is the process of keeping accurate financial information?

a. supply and demand
b. yield management
c. accounting
d. market segmentation

User Yeyene
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1 Answer

4 votes

Final answer:

The process of keeping accurate financial information is known as accounting. Accounting involves recording, summarizing, and reporting financial transactions of a business or an individual. It helps in keeping track of income, expenses, assets, liabilities, and equity, ensuring that financial information is reliable and can be used for decision-making. Therefore, the correct option is c. accounting.

Step-by-step explanation:

The process of keeping accurate financial information is known as accounting.

Accounting involves recording, summarizing, and reporting financial transactions of a business or an individual.

It helps in keeping track of income, expenses, assets, liabilities, and equity, ensuring that financial information is reliable and can be used for decision-making.

User Neill Herbst
by
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