Question: The basic elements of a financial accounting system include all of the following EXCEPT a . rules for determining what, when, and the amount that
The basic elements of a financial accounting system include all of the following EXCEPT
a rules for determining what, when, and the amount that should be recorded.
b a framework for preparing financial statements.
c controls to determine whether errors may have arisen in the recording process.
d information to help managers make financing, operating, and investing decisions to manage the business.
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