Question

Accounting process does not includes _______

• A. Classifying
• B. Summarizing
• C. Interpreting
• D. Printing

Answer 1

Answer: (D)

Printing

Accounting starts with identifying a transaction and then recording it in Journal

-then classifying in the ledger thensummarizing in final accounts

-then interpretation through Ratio analysis then finallycommunicating the information to the users of the financial statement.
Therefore, there is no printing step in the accounting process.