The First Step in the Flow of Accounting Data Is

question 51

True/False

The first step in the flow of accounting data is the preparation of source documents.

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Definitions:

Series of Ideas

A sequence or set of concepts that are related or connected in some way.

First, Second

Terms denoting order or sequence, often used in classifications, stages, or degrees of categorization.

Passive-Voice Sentence

A sentence construction where the subject of the sentence is acted upon by the verb, often obscuring who or what is performing the action.

Subject

The main topic or area of interest under discussion, investigation, or study.