Which of the Following Represents the Correct Flow of Accounting

question 80

Multiple Choice

Which of the following represents the correct flow of accounting data?

• A) transactions occur; transactions are analyzed; transactions are journalized and posted; source documents are prepared
• B) transactions occur; source documents are prepared; transactions are journalized and posted;
• C) transactions occur; source documents are prepared; transactions are analyzed; transactions are journalized and posted
• D) source documents are prepared; transactions occur; transactions are analyzed; transactions are journalized and posted

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