Which of the following is NOT a part of the financial accounting process? A) Preparing budgets B) Recording journal entries C) Preparing financial statements D) Posting to the general ledger Need help correct answer i request.

Which of the following is NOT a part of the financial accounting process? A) Preparing budgets B) Recording journal entries C) Preparing financial statements D) Posting to the general ledger Need help correct answer i request.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter14: Completing A Quality Audit

Section: Chapter Questions

Problem 9CYBK

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Question

Which of the following is NOT a part of the financial accounting process?

A) Preparing budgets

B) Recording journal entries

C) Preparing financial statements

D) Posting to the general ledger

Need help correct answer i request.

Definition Definition Method of recording financial transactions in the book of original entry by debiting and crediting the accounts affected by a transaction using the golden rules of accrual accounting.

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