Question: What is the accounting cycle? Answer: A . Ten steps that dictate how a business must operate financially B . Three steps that require you

What is the accounting cycle?
Answer:
A.
Ten steps that dictate how a business must operate financially
B.
Three steps that require you to analyze transactions and record journal and ledger entries
C.
A series of steps that help a business properly keep its accounting records during the fiscal period
D.
A series of steps outlined by the IRS and that is mandated for all businesses

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