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  3. Study Set
    Issues in Financial Accounting Study Set 1
  4. Exam
    Exam 3: The Conceptual Framework: Definition, recognition and Measurement of the Elements in General Purpose Financial Statements
  5. Question
    What Is the Term for the Action or Process of Recording
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What Is the Term for the Action or Process of Recording

Question 15

Question 15

Multiple Choice

What is the term for the action or process of recording a transaction or event in an entity's accounting records?


A) Recording
B) Valuation
C) Aggregating
D) Recognition

Correct Answer:

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