Accounting is an information and measurement system that identifies,records,and communicates an organization's business activities.

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Quizplus · Accepted Answer

Accounting is indeed an information and measurement system that helps identify, record, and communicate an organization's business activities. It involves the process of collecting, analyzing, and reporting financial data to enable decision-making for both internal and external stakeholders.

Accounting Is an Information and Measurement System That Identifies,records,and Communicates