AnswersSkelton - GSN - Financial Math - MA2007Keeping Financial RecordsQuestion 9
9
QuizMultiple Choice

Keeping Financial Records

Question 9 • Skelton - GSN - Financial Math - MA2007

Wyatt uses a notebook for keeping financial records. He has placed dividers in the notebook so that it has different sections. Each divider also has a pocket for keeping receipts or other papers related to the records in each section. Wyatt keeps his notebook in his locker at school. Which of the following things about Wyatt’s system of record keeping provides a way to separate his financial details into different categories?

Answer
A
The fact that financial records are kept in the notebook.
B
The fact that the notebook.has section dividers
C
The fact that the section dividers have pockets.
D
The fact that the notebook is kept in his locker.

Explanation

Section dividers split the notebook into separate sections, allowing Wyatt to group financial details into different categories. The pockets are for storing receipts or other related papers, while keeping the notebook in his locker describes where it is stored. Therefore, the best answer is “The fact that the notebook has section dividers.”

AI-written and checked against the verified answer.

Previous
Next

More from this Course

Quiz
29 verified answers

Personal Budget

Quiz
14 verified answers

Tax and Gratuities

Quiz
10 verified answers

Keeping Financial Records