How does record keeping help in handicrafts?
Answer and explanation
Correct answer: In assessing cost, sale, stock and profit
Records help understand the real condition of a small enterprise. Exam tip: consider record keeping a management skill.
Frequently asked questions
What is the correct answer to this question?
In assessing cost, sale, stock and profit
Why is this the correct answer?
Records help understand the real condition of a small enterprise. Exam tip: consider record keeping a management skill.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.