Definition, Meaning & Synonyms
record-keeping
noun
/ˈrɛkərdˌkiːpɪŋ/
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Definition
The practice of maintaining accurate and systematic records of transactions, activities, or events.
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Examples
- Effective record-keeping is essential for any successful business.
- The accountant emphasized the importance of thorough record-keeping during the audit.
- Record-keeping helps organizations track their progress and make informed decisions.
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Meaning
Record-keeping involves organizing and preserving important information for future reference and accountability.
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Synonyms
- Documentation
- Record maintenance
- Data management