Which of the Following Is Not a Step in the Accounting

question 74

Multiple Choice

Which of the following is not a step in the accounting process?

• A)Record relevant transactions and events in a journal.
• B)Post journal information to the ledger accounts.
• C)Prepare and analyze the trial balance.
• D)Analyze each transaction.
• E)Verify that revenues and expenses are equal.

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Definitions:

Modified Wave

A scheduling strategy used in healthcare settings designed to optimize patient flow and reduce waiting times.

Streaming

The process of transmitting or receiving data (especially video and audio material) over the internet in a continuous flow.

Clustering

The method of categorizing a collection of items so that those within the same category are more alike to each other than they are to items in different categories.

Preferred Provider Organization

Preferred Provider Organization (PPO) is a type of health insurance plan that offers a network of healthcare providers, allowing policyholders to receive services at a discounted rate.