Question: A Statement of Basic Accounting Theory ( ASOBAT ) defined accounting as which of the following: The process of identifying, measuring and communicating economic information

A Statement of Basic Accounting Theory (ASOBAT) defined accounting as which of the following:
The process of identifying, measuring and communicating economic information to permit informed judgments and decision by users of the information.
The process of using systematic economic models to define theoretical financial problems.
The process of measuring benefits and costs
The process of interpreting financial information and using the interpretation to evaluate management stewardship and performance.
A Statement of Basic Accounting Theory ( ASOBAT )

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