Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as ______.
a. investing
b. accounting
c. finance
d. management

Respuesta :

Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting.

What is accounting?

Accounting involves keeping detail record, grouping and classifying.

The financial events and transactions are provided in an organized form.

This is done to make good decisions about the company finances and for future prospect.

Therefore, recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting

Learn more on accounting below

https://brainly.com/question/21889940

#SPJ1

Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting.

What is accounting?

Accounting involves the process of recording business transactions, classifying them as assets, liabilities, income and revenue, then summarizing the transactions by putting together related transactions and finally interpreting the prepared financial statements items to determine whether the performance of the company has improved or declined over time.

Financing means raising the needed capital for a project or a company using financing options such as equity or bonds.

Investing implies placing the funds raised into asset that gives returns.

Finally, management is the group of individuals in charged of a company to ensure its goals are achieved

Overall, the correct option in this case as the 4 functions highlighted are only captured by accounting.

Find out more about financial statement on:https://brainly.com/question/735261

#SPJ1