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SS1 · Fundamentals · FACC/FUN — SS1.01

Book-Keeping and Accounting Introduction

This topic defines book-keeping, differentiates it from accounting, and explains the importance of accounting.

What students will learn

  • a. Cognitive Domain
  • i. Define book-keeping and accounting.
  • ii. State the differences between book-keeping and accounting.
  • iii. Enumerate the importance of accounting in a business.
  • b. Psychomotor Domain

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