What is Bookkeeping

What is the importance of book-keeping in a business?

• Recording, classifying, and reporting financial transactions of a business or organization

• Managing human resources in a business setting

• Designing marketing strategies for a business

• Creating new products for a business

Why is bookkeeping important for a business?

• Organize events and activities for employees

• Implement marketing campaigns

• Helps manage finances effectively, track income, expenses, and cash flow

• Develop new products and services

What are some essential qualities a bookkeeper must possess?

• Attention to detail, organizational skills, analytical skills, numerical skills

• Cooking skills, gardening skills, painting skills, singing skills

• Driving skills, swimming skills, dancing skills, acting skills

• Writing skills, reading skills, speaking skills, listening skills

Which of the following is NOT an essential quality for a bookkeeper?

• Integrity

• Attention to detail

• Analytical skills

• Creativity

What is the SDG Goal associated with the lesson?

• Affordable and Clean Energy (SDG Goal 7)

• Quality Education (SDG Goal 4)

• Clean Water and Sanitation (SDG Goal 6)

• Gender Equality (SDG Goal 5)

What is the core skill emphasized in the lesson?

• Digital Literacy and Technology

• Creativity and Innovation

• Critical Thinking and Problem Solving

• Collaboration and Communication

What is the duration of the cooking class?

• 45 Minutes (3 Sessions)

• 15 Minutes (1 Session)

• 1 Hour (1 Session)

• 30 Minutes (2 Sessions)

What materials are needed for the science experiment?

• Test tubes, beakers, microscope

• Paint brushes, canvas, easel

• Soccer ball, basketball, tennis racket

• Cooking pot, spatula, measuring cups

What does bookkeeping involve in a business setting?

• Identifying and recording financial transactions, classifying transactions, maintaining and balancing ledger accounts

• Cooking meals, cleaning the office, organizing events

• Driving vehicles, swimming in pools, dancing at parties

• Writing stories, reading books, speaking to friends

Which of the following is a benefit of bookkeeping for a business?

• Informed Decisions: Accurate financial records enable informed business decisions

• Informed Guesses: Random financial records enable random business decisions

• Informed Ignorance: Lack of financial records enable informed business decisions

• Informed Chaos: Chaotic financial records enable informed business decisions