The difference between accounting and book-keeping is an accounting:
allows accountants to record, understand, interpret, and develop accounting systems.
is limited to routine day-to-day recording of business transactions.
is responsible for obtaining and recording information required to analyze a firm's financial position.
requires less training than book-keeping.
is much narrower and more mechanical than book-keeping.
Answer: allows accountants to record, understand, interpret, and develop accounting systems.