Which one of the following statements is not true in relation to incomplete records?
A. It is an unscientific method of recording transactions
B. Records are maintained only for cash and personal accounts
C. Tax authorities do not accept
D. It is suitable for all types of organisations
Answer:D
Which one of the following statements is not true in relation to incomplete records?
A. It is an unscientific method of recording transactions B. Records are maintained only for cash and personal accounts C. Tax authorities do not accept D. It is suitable for all types of organisations