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Which of the steps is most concerned with the classification

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Reference no: EM132794698

problem 1: There are four major steps in the financial accounting process. Which of the steps is most concerned with the classification and summarization of financial data?

a. Identification and interpretation of economic events.

b. Communication of accounting information.

c. Recording of economic business events.

d. Measurement of economic business events.

 

Reference no: EM132794698

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