Which of the Following Things Is NOT True About the Accounting

question 10

Multiple Choice

Which of the following things is NOT true about the accounting process?

• A)it sometimes develops an imprecise picture of the franchise.
• B)it can measure the exact worth of a franchise.
• C)it consists of the measurement and record of money,assets,and resources and their flow through the franchise.
• D)its records are not exact.

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Definitions:

Complete Reporting

The comprehensive and accurate documentation of all aspects and findings of a study or research without omission.

Scientific Investigation

A methodological process of inquiry aimed at discovering, interpreting, and revising scientific knowledge.

Explanation

The act of making something clear or understandable by describing the relevant facts or ideas.

Description

A detailed account or explanation of the characteristics or features of something.