The recording of data falls under which stage of accounting?
A)measurement
B)processing
C)communication
D)decision making

Question

Quizplus · Accepted Answer

Recording of data involves measuring and collecting information about a company's transactions and events, which is the first stage in the accounting process. Processing involves organizing and summarizing the recorded data, communication involves sharing the processed information with relevant stakeholders, and decision making involves using the communicated information to make strategic decisions.

The Recording of Data Falls Under Which Stage of Accounting