जॉइन Examsbookउत्तर : 2. "analyzing and interpreting financial reports"
The accounting process involves all of the following except5
प्र: The accounting process involves all of the following except
- 1identifying economic transactions that are relevant to the businessfalse
- 2analyzing and interpreting financial reportstrue
- 3communicating financial information to users by preparing financial reportsfalse
- 4recording nonquantifiable economic eventsfalse
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उत्तर : 2. "analyzing and interpreting financial reports"
व्याख्या :
Answer: B) analyzing and interpreting financial reports Explanation: The three steps in the accounting process are 1. Identification, 2. Recording, and 3. Communication. Hence, analyzing and interpreting financial reports is not involved in the accounting process.