The accounting process involves all of the following except （ ）.
A: identifying economic transactions that are relevant to the business
B: recording nonquantifiable economic events
C: analyzing and interpreting financial reports
D: communicating financial information to users by preparing financial reports
A: identifying economic transactions that are relevant to the business
B: recording nonquantifiable economic events
C: analyzing and interpreting financial reports
D: communicating financial information to users by preparing financial reports
举一反三
- The field of accounting may not be described as: A: Recording the financial transactions of an economic entity. B: Developing information in conformity with generally accepted accounting principles. C: The art of interpreting, measuring, and describing economic activity. D: Developing the information required for the preparation of income tax returns.
- The disclosure principle requires that management prepare financial reports that disclose all of the following types of information EXCEPT:
- Which of the following should be entered as a credit A: Economic transactions lead to increase of financial assets B: Economic transactions lead to decrease of financial assets C: Economic transactions lead to increase of fliabilities to foreigners D: Economic transactions lead to decrease of fliabilities to foreigners
- Typical annual reports will include some basic reports and statements except ______.( ) A: Financial Statements B: Complete list of Board of Supervisors. C: New Business Reports D: Chairman’s Statement
- Managerial accounting targets external users of accounting information while financial accounting targets internal users of accounting information（）