The accounting process begins with:

A. Preparing financial statements and other reports.
B. Preparation of the trial balance.
C. Presentation of financial information to decision-makers.
D. Analysis of business transactions and source documents.
E. Summarizing the recorded effect of business transactions.


Answer: D

Business

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Select the preferential treatment policy that is likely to raise the least serious ethical challenge.

A. Identifying members of previously disadvantaged groups in the pool of candidates who are less qualified than white males and giving them preference in the hiring decision B. Giving preference to otherwise qualified but previously disadvantaged candidates C. Hiring members of disadvantaged groups with only minimal consideration given to their qualifications D. Identifying members of previously disadvantaged groups in the pool of qualified candidates and giving them preference in the hiring decision

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FYI messages should be in writing, using a direct approach

Indicate whether the statement is true or false.

Business

Social programs in the company generate good will from employees and may result in fewer ______.

a. communication problems b. labor problems c. employee complaints d. performance problems

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Adoption terminates the legal rights of the biological parents

Indicate whether the statement is true or false

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