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Nastasia [14]
1 year ago
8

The process of associating numerical amounts to the elements in the financial statements is called:________

Business
1 answer:
Taya2010 [7]1 year ago
5 0

The process of associating numerical amounts to the elements in the financial statements is called <u>Measurement</u>.

Financial statements are written data that supply a business enterprise's industrial company activities and economic performance. economic statements are regularly audited through authorities corporations, accountants, corporations, and so forth. to ensure accuracy and for tax, financing, or investing functions.

"Probable future monetary blessings obtained or controlled by way of a particular entity because of beyond transactions." property. Disclosure refers to the system and further records within the Financial statements and notes.

Learn more about Financial statements here brainly.com/question/22941895

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