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Help Save&Exit; Chapter 1 6 Check m Accounting is an information and measurement

ID: 2519099 • Letter: H

Question

Help Save&Exit; Chapter 1 6 Check m Accounting is an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable nformation about an organization's business activities. Select the aspect of accounting associated with this activity ? Analyzing and interpreting reports. 2 Presenting Snancial information 3 Keeping a log of service costs Measuring the costs ofl aproduct 5 Preparing financial statement 6 Seeing revenues genecated from a service 7.Oservig employee tasks behind a product Registering cash sales of products sold PrRy10 of 13 5 6 8 9 0

Explanation / Answer

Activities Aspects of Accounting Analyzing and Interpreting Reports Analyzing and Interprting Aspect Presenting Financial Infomation Communication Aspect Keeping a log of Service Costs Recording Aspect Measuring a cost of the product Classifying Preparing Financial Statements Summarizing Seeing Revenue generated from a service Analyzing Observing employee tasks behind a product Interpreting Registering cash sales of product sold Recording