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Give five reasons for maintaining financial records in an ECDE centre

Give five reasons for maintaining financial records in an ECDE centre

Answers


John
i) Facilitates auditing of ECDE accounts

ii) Helps in planning for present and future/ controls expenditure on how ECDE funds are used

iii) Acts as a guide in decision making

iv) It provides financial status of an ECDE centre

v) Acts as a record of all transactions in an ECDE centre

vi) Control expenditures on how ECDE funds are used

vii) Gives accountability of finances collected

viii) Enhances efficiency/ effectiveness
johnmulu answered the question on September 14, 2017 at 08:13

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