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  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 4: Completing the Accounting Cycle and Classifying Accounts
  5. Question
    The First Step in the Accounting Cycle Is to Analyze
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The First Step in the Accounting Cycle Is to Analyze

Question 32

Question 32

True/False

The first step in the accounting cycle is to analyze and record transactions during the accounting period.

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