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Accounting Is a Sort of Transformation Process That Converts Daily

Question 88

Multiple Choice

Accounting is a sort of transformation process that converts daily records of individual transactions into monthly financial reports.The ________ are the inputs,accounting is the operation that adds value,and ________ are the outputs.


A) transaction records; financial statements
B) financial statements; transaction records
C) employee records; transaction records
D) health records; transaction statements

Correct Answer:

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