4 years ago in Basic Accounting

Which of the following is a mechanical aspect of accounting?
a. Analyzing the transactions preparatory to the recording process
b. Preparation of the financial budget
c. Reviewing the effectiveness of the internal control procedures
d. Designing the accounting system

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Accounting is the process of matching

  • [A] Benefits and Costs
  • [B] Revenues and Costs
  • [C] Cash inflows and outflows
  • [D] Potential and real performance

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