Question: Identify what accounting is by selecting the correct statement. Multiple choice question. Accounting is a system that identifies, records and communicates financial information. Accounting information

Identify what accounting is by selecting the correct statement.
Multiple choice question.
Accounting is a system that identifies, records and communicates financial information.
Accounting information is primarily used only at the end of a year when tax returns and financial statements are prepared.
Accounting information impacts internal users only.

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