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13 December, 07:13

Joe is recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making. What Joe is performing is commonly called? A. finance. B. auditing. C. accounting. D. economics.

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  1. 13 December, 10:34
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    accounting

    Explanation:

    Accounting refers to the process for recording financial transactions related to a company. The accounting process involves the review, examination and notification of these activities to supervisory authorities, supervisors and tax collection bodies.

    Accounting financial statements are a brief summary of business transactions across an accounting span, summarizing the revenues, financial condition and cash flows of a business.

    Accounting is among the most important functions in almost every sector. It can be done by an accountant or a small company manager, or by massive accounting divisions with hundreds of employees in larger businesses.
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