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Q: What is interpreting process in accounting?
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Explain what accounting is?

In simple terms Accounting is the process(technique) of identifying, recording, summarizing, analysing and interpreting transactions & events.


Four phases of accounting?

recording classifying summarizing interpreting


Is analyzing and interpreting information identifing recording or communicating in accounting?

communication


What is four stages in accounting?

4 stages in accounting....1. recording 2.classifying...3.summarizing...4.interpreting


Interpreting the financial statements is the last step in the accounting cycle.true or false?

True


What are the activities involved in the accounting process?

Activities Involved in Accounting are : 1) Identifying 2) Measuring 3) Recording 4) Classifying 5) Communicating 6) Summarizing 7) Analyzing 8) Interpreting 9) Reporting 10) Decision Making


What are the aspects of accounting?

1) recording 2) classifying 3)summarizing 4) interpreting


How often is the recording process in accounting?

How often is the recording process in accounting?


What are the four aspects of accounting?

1) recording 2) classifying 3)summarizing 4) interpreting


Discuss the implications of interpreting 'fairness' in accounting as fairness in distribution?

i want this answer i think it's market socialism


Basic function of financial accounting is to?

identifying, measuring, recording , classifying, summarizing, analyzing, interpreting, and communicating


Which accounting principle directs the depreciation process?

Which accounting principle directs the depreciation process?