Accountancy, asked by SukumarBenson, 1 year ago

state the differences between time keeping and time booking in cost accounting

Answers

Answered by PallavRaj
4
Time Keeping is the process of tracking and reporting work and leave time. Everyone is responsible for accurate time keeping.
While, Time Booking is most outdated accounting record, that registered the hours worked by employees in a certain organization In a certain period.
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