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Question: 1 / 400

Which office is primarily responsible for bookkeeping activities?

Front office

Back office

The back office is primarily responsible for bookkeeping activities because it encompasses all the administrative and support functions that are essential to the operations of a business. This includes record-keeping, accounting, and other financial functions that require meticulous attention to detail and adherence to regulatory standards.

Bookkeeping involves tracking financial transactions, ensuring that all records are accurate, and compiling data for reporting purposes, which aligns perfectly with the role of the back office. Back office functions typically operate behind the scenes to support the front office or customer-facing activities, ensuring that the financial health of the organization is maintained.

In contrast, the front office generally deals with client interactions and revenue-generating activities, while the middle office focuses on risk management and compliance functions. The risk management office specifically deals with identifying, assessing, and mitigating risks rather than handling general bookkeeping.

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Middle office

Risk management office

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