Milady Esthetics State Board Practice Test

Which of the following is NOT a typical role of a bookkeeper?

1. Managing payroll

2. Preparing tax returns

3. Maintaining financial records

4. Setting financial goals

The correct answer is: Setting financial goals

In the context of bookkeeping, the primary responsibilities often encompass managing financial transactions, maintaining accurate records, and ensuring that all financial processes run smoothly. Maintaining financial records, managing payroll, and preparing tax returns are all essential functions of a bookkeeper, as they directly relate to the accuracy and organization of a company's financial transactions and compliance with tax obligations. Setting financial goals, however, typically falls outside the standard duties of a bookkeeper. This task is more aligned with roles in financial planning or management, where a professional assesses a business’s financial health and strategizes for future financial objectives. Bookkeepers primarily focus on recording and reporting financial activities rather than setting or evaluating the financial goals of a business. Thus, the correct answer highlights that setting financial goals is not a typical role for someone in the bookkeeping profession.