Book-keeping enables investors to take a decision whether to invest or not.

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A True
Bookkeeping allows investors to have up-to-date and accessible information. Investors will be able to make better, well informed, decisions which is the ultimate purpose of bookkeeping. Bookkeeping is not only for current investors but for future investors too.

Suggest Corrections

Similar questions

Q. Q. These are groups of investors who band together to make investments in start-ups. This enables them to invest with more confidence, with larger check sizes, and with lower exposure to risk. Which type of investors are being discussed here?

Q. _______ often enable growth without having to borrow funds or look for outside investors.

Q. _______ helps existing investors to dis-invest and fresh investors to enter the market.

___ may be defined as those decisions, which are related to the investment of funds into different assets in a manner so that the firm is able to earn the highest possible returns for their investors.

Q. Financial statements provide information to _________ in taking important decision related to the value of investment.

Join BYJU'S Learning Program

Book-keeping enables investors to take a decision whether to invest or not.

The correct option is A TrueBookkeeping allows investors to have up-to-date and accessible information. Investors will be able to make better, well informed, decisions which is the ultimate purpose of bookkeeping. Bookkeeping is not only for current investors but for future investors too.

The correct option is A True
Bookkeeping allows investors to have up-to-date and accessible information. Investors will be able to make better, well informed, decisions which is the ultimate purpose of bookkeeping. Bookkeeping is not only for current investors but for future investors too.