Solved: Why is it as important to have a good record-keeping system, Business Management

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Why is it as important to have a good record-keeping system

Small business owners divide their costs into two categories: variable costs and fixed costs; Please discuss the difference. Determine the variable costs taken into account when starting up a small business. Why is it as important to have a good record-keeping system for a small business, as it is for a corporation?

Can someone please explain this in detail. thanks

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Business Management: Why is it as important to have a good record-keeping system

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