Question: Which statement about bookkeeping is correct? Multiple choice question. Bookkeeping procedures have been thoroughly systematized using manual, mechanical, and computer techniques. Bookkeeping and managerial accounting

Which statement about bookkeeping is correct?
Multiple choice question.
Bookkeeping procedures have been thoroughly systematized using manual, mechanical, and computer techniques.
Bookkeeping and managerial accounting are synonymous with each other.
Bookkeeping procedures do not support the financial accounting and reporting process.
Bookkeeping helps in collecting the nonfinancial results of an entity's activities.

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