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What is the purpose of a cash register in a business?
  • a)
    To record expenses only
  • b)
    To generate profit reports
  • c)
    To record all monetary transactions
  • d)
    To track non-financial transactions
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of a cash register in a business?a)To record expen...
The purpose of a cash register in a business is to record all monetary transactions, including both income (inflow) and expenses (outflow). It serves as a financial record-keeping tool to track all financial activities of the business.
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What is the purpose of a cash register in a business?a)To record expenses onlyb)To generate profit reportsc)To record all monetary transactionsd)To track non-financial transactionsCorrect answer is option 'C'. Can you explain this answer?
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