The ________ is a six-step procedure that results in the preparation and analysis of the major financial statements.
A) double-entry method
B) financial management process
C) financial performance appraisal
D) accounting cycle

Question

Quizplus · Accepted Answer

The six-step procedure described in the question is known as the accounting cycle, which results in the preparation and analysis of financial statements. The other options are not accurate descriptions of this process.

The ________ Is a Six-Step Procedure That Results in the Preparation