Which one of the following statement completely and correctly describes accounting? - Study24x7
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Which one of the following statement completely and correctly describes accounting?

A

Recording, classifying and summarizing economic activities in systematic way

B

Recording, classifying and summarizing all activities in useful manner

C

Accounting is the systematic process of recording social activities only

D

Recording, classifying and summarizing economic activities in informal manner

MBA/Management CLAT/CE-Law Finance/CA
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