Identifying is the process of keeping a chronological diary of events measured in dollars and cents.

Name: Identifying is the process of keeping a chronological diary of events measured in dollars and cents.
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Quizplus · Accepted Answer

Identifying is actually the process of recognizing and selecting a transaction or event to be recorded in the financial statements. Keeping a chronological diary of events measured in dollars and cents is known as bookkeeping or recording.

Identifying Is the Process of Keeping a Chronological Diary of Events