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One Way to Think of an Accounting Process Is as a Cycle.The

Question 21

Multiple Choice

One way to think of an accounting process is as a cycle.The idea of a cycle reflects that ________.


A) transactions have to undergo a series of procedures before being recorded in the accounts
B) transactions are not complete until they are recorded
C) there is a set of accounts that record transaction information from the same business process
D) every business process results in the start of another process

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