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What are some common challenges businesses face... - JSS1 Business studies Introduction To Book Keeping Question

What are some common challenges businesses face in bookkeeping, and how can they overcome them?

Common challenges in bookkeeping include managing large volumes of transactions, staying up-to-date with regulatory changes, and ensuring data security. Businesses can overcome these challenges by implementing efficient bookkeeping systems, using automation tools, staying informed about regulations, and implementing robust security measures.

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