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Class 11 Home Science Work, Livelihood and Career Life skills for livelihoodMediumLevel 38

Why is keeping a small record important in self employment?

Answer and explanation

Correct answer: To understand income expense customers and profit

Records help understand business condition. In exams connect record keeping with financial literacy.

Tags

record-keepingself-employmentfinancial-literacy

Frequently asked questions

What is the correct answer to this question?

To understand income expense customers and profit

Why is this the correct answer?

Records help understand business condition. In exams connect record keeping with financial literacy.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.

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