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Accounting Can Be Defined As

Question 1

Multiple Choice

Accounting can be defined as:


A) the process of preparing and auditing an entity's financial statements.
B) the process of identifying, measuring, and communicating economic information about an organization for the purpose of making decisions and informed judgments.
C) the process of communicating the financial results of corporate activities to investors and regulatory bodies.
D) the process of planning, controlling, and evaluating financial performance, and supporting the management decision-making process.

Correct Answer:

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