Which of the Following Is not Part of the Accounting

question 66

Multiple Choice

Which of the following is not part of the accounting process?

• A) Recording
• B) Identifying
• C) Financial decision making
• D) Communicating

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Definitions:

Financial Performance

A measure of how well a firm uses assets from its primary mode of business and generates revenues.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Marketing Department

A division within a company responsible for promoting and selling its products or services.

Lewin's Approach

A psychological methodology that suggests behavior is a dynamic balance of forces working in opposing directions.