The Last Step in the Accounting Record-Keeping Process Is Preparing

question 65

True/False

The last step in the accounting record-keeping process is preparing the statement of cash flows from balance sheet amounts and from details of transactions affecting the cash account.

---

Definitions:

Minute Information

Highly detailed or specific data that might be considered trivial or minor but is important for complete understanding or analysis.

Presence Awareness

is the ability of a technology to identify and communicate the availability of users within a network or system.

Customer Service

The assistance and advice provided by a company to those people who buy or use its products or services.

Security

Measures and protocols implemented to protect people, property, or systems from theft, damage, and unauthorized access or cyber attacks.