that begin with analyzing source documents and conclude with the post-closing trial balances are called the:
A) closing process.
B) accounting cycle.
C) adjusting entries.
D) posting process.

Question

Quizplus · Accepted Answer

The accounting cycle is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in decision-making. The accounting cycle begins with analyzing source documents and concludes with the post-closing trial balances.

That Begin with Analyzing Source Documents and Conclude with the Post-Closing