Question

13. Which of the following is not a sub-field of accounting?
(A) Financial accounting
(B) Book Keeping
(C) Management accounting
(D) Cost Accounting​

Answer 1

Option "B" Book keeping is not a sub-field of accounting .

Answer 2

(B) Book Keeping

• Bookkeeping includes the recording, consistently, of an organization's monetary exchanges. With appropriate accounting, organizations can follow all data on their books to make key working, contributing, and financing choices.

• Bookkeepers are people who deal with all financial information for organizations. Without clerks, organizations would not know about their present monetary situation, just as the exchanges inside the organization.

• Bookkeeping is also essential to outside clients, which incorporates financial backers, monetary establishments, or the public authority - individuals or associations needing admittance to factual data to settle on better ventures or loaning choices. Business elements depend on exact and solid accounting for both inward and outside clients.