The Proper Order for the Accounting Process Is

question 1

Multiple Choice

The proper order for the accounting process is:

• A)posting,transaction occurs,journalizing.
• B)transaction occurs,posting,journalizing.
• C)transaction occurs,transaction analyzed,journalizing,and posting.
• D)transaction occurs,posting,transaction analyzed,journalizing.

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Definitions:

Emergency Declaration

A governmental statement that typically signals a crisis, allowing authorities to take special, temporary measures to manage the situation.

Remains in Force

A term indicating that a law or regulation continues to be in effect or operational.

Nineteenth Century

The period from January 1, 1801, to December 31, 1900, marked by significant political, social, and industrial revolution and change globally.

Dominant Institution

An organization or structure that holds a preeminent position of power or authority within a society or field.