48) Which of the following statement is not true about analyzing and recording process under accounting information system used in business? a. The source documents are not used to perform all these activities b. This process provides information in useful reports or financial statements to decision makers c. Business transactions summarized and financial statements are prepared d. It involves the identification of transactions, record and analyze them Clear my choice
48) Which of the following statement is not true about analyzing and recording process under accounting information system used in business? a. The source documents are not used to perform all these activities b. This process provides information in useful reports or financial statements to decision makers c. Business transactions summarized and financial statements are prepared d. It involves the identification of transactions, record and analyze them Clear my choice
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
48)
Which of the following statement is not true about analyzing and recording process under accounting information system used in business?
a.
The source documents are not used to perform all these activities
b.
This process provides information in useful reports or financial statements to decision makers
c.
Business transactions summarized and financial statements are prepared
d.
It involves the identification of transactions, record and analyze them
Clear my choice
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