which three activities are part of the function of accounting? multiple select question. interpreting financial transactions pla

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which three activities are part of the function of accounting? multiple select question. interpreting financial transactions pla

nning financial transactions prioritizing financial transactions recording financial transactions classifying financial transactions

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1 answer:

Elodia [21] · Answer 1 · 2024-06-05T15:22:07+03:00

The three activities that are part of the function of accounting from the list of given options are:

2. classifying financial transactions
4. interpreting financial transactions
5. recording financial transactions

<h3>What is Accounting?</h3>

This refers to the term that is used to describe the process of recording financial transactions and also classifying them into proper categories for record purposes.

Hence, it can be seen that from the list of answer choices, when it comes to the area of accounting, three core functions from the list are given above and one of them is classifying financial transactions