Co-Operative Store Keeper Interview Questions and Answers

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Q1. Meaning and definition of accounting
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Accounting is the process of recording, summarizing, and analyzing financial transactions of a business.
• Accounting involves recording financial transactions such as sales, purchases, and expenses.

• It includes summarizing the recorded transactions in financial statements like balance sheets and income statements.

• Accounting also involves analyzing the financial data to provide insights and make informed business decisions...read more
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Q1. Introduction management
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Compenent of accounting and Finance