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    Business A Changing World Study Set 1
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    Exam 14: Accounting and Financial Statements
  5. Question
    Which of the Following Is the First Step in the Accounting
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Which of the Following Is the First Step in the Accounting

Question 5

Question 5

Multiple Choice

Which of the following is the first step in the accounting cycle?


A) Examine source documents.
B) Record transactions.
C) Post transactions.
D) Prepare financial statements.
E) Generate annual reports.

Correct Answer:

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