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One of the benefits of book-keeping records is that they?

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Accounts - Principles of Accounts JAMB 2007

One of the benefits of book-keeping records is that they?

  • give prospective investors accurate and direct information for decisions-making checkmark
  • provide the public and creditors with details of the operations of an entity
  • give legal backing to all the transactions undertaken by a business entity
  • provide information without which the task of management would be difficult

The correct answer is: A

Explanation

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