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Activity 3: Identify the feature of accounting being described. Write the letter of the correct answer before each number. Choices: A-Accounting is a process; B-Accounting is an art; C-Accounting is a service activity; D-Accounting is an information system; E-Accounting is a means not an end ____ 1. It is recognized and characterized as a storehouse of information. ____ 2. A process that refers to the method of performing any specific job step by step according to the objectives or targets. ____ 3. It is a tool to achieve a specific objective. ____ 4. Accounting provides assistance to decision makers by providing them financial reports that will guide them in coming up with sound decisions. ____ 5. It is a behavioral knowledge involving a certain creativity and skill that help us attain some specific objectives.
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