The Starting Point of the Accounting Process Is

question 102

Multiple Choice

The starting point of the accounting process is

• A) communicating information to users.
• B) identifying economic events.
• C) recording economic events.
• D) None of these answers are correct.

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Definitions:

Word-of-mouth Communication

The informal transfer of information, thoughts, or opinions from one person to another without the use of formal advertising or marketing channels.

Headhunter

A headhunter is an individual working for an executive search firm who seeks out qualified individuals for higher-level positions.

Selection

Is concerned with identifying the best candidate or candidates for a job from among the pool of qualified applicants developed during the recruiting process.

Qualified Applicants

Individuals who meet the necessary skills, experience, and educational requirements that are set for a particular job position.