Purpose of ac an accounting system include all the following except _______________________.

Interpret and record the effects of business transaction

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Classify the effects of transactions to facilitate the preparation of reports

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Summarize and communicate information to decision makers

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Dictate the specific types of business enterprise transactions that the enterprises may engage in.

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Solution

The correct option is D Dictate the specific types of business enterprise transactions that the enterprises may engage in.
Purpose of ac an accounting system include all the following except Dictate the specific types of business enterprise transactions that the enterprises may engage in.

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