INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of these is NOT an accounting activity?
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Paying bills
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Preparing payroll checks
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Preparing tax forms
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Processing loan applications
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Explanation:
Detailed explanation-1: -Human Resource Accounting is not a branch of accounting.
Detailed explanation-2: -The first four steps in the accounting cycle are (1) identify and analyze transactions, (2) record transactions to a journal, (3) post journal information to a ledger, and (4) prepare an unadjusted trial balance. We begin by introducing the steps and their related documentation.
Detailed explanation-3: -Identification Activities. This activity aims to identify various transactions that occur within the company. Activity Logging. Communication Activities.
There is 1 question to complete.