Question
Identify what accounting is by selecting the correct statement.
Multiple choice question.
Accounting information is primarily used only at the end of a year when tax returns and financial statements are prepared.
Accounting information impacts internal users only.
Accounting is a system that identifies, records and communicates financial information.
Multiple choice question.
Accounting information is primarily used only at the end of a year when tax returns and financial statements are prepared.
Accounting information impacts internal users only.
Accounting is a system that identifies, records and communicates financial information.
Answers
GPT-4o mini
The correct statement is:
**Accounting is a system that identifies, records and communicates financial information.**
**Accounting is a system that identifies, records and communicates financial information.**