Multiple Choice
Which of the following is the most correct definition of accounting?
A) A system for providing quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions.
B) An entity without a profit objective, oriented toward providing services efficiently and effectively.
C) The preservation of a systematic, quantitative record of an activity.
D) The procedures and processes used by a company to analyze transactions and handle routine bookkeeping tasks.
Correct Answer:

Verified
Correct Answer:
Verified
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