Accounting Is a Sort of Transformation Process That Converts Daily

question 88

Multiple Choice

Accounting is a sort of transformation process that converts daily records of individual transactions into monthly financial reports.The ________ are the inputs,accounting is the operation that adds value,and ________ are the outputs.

• A) transaction records; financial statements
• B) financial statements; transaction records
• C) employee records; transaction records
• D) health records; transaction statements