Q:
      
      
         
            
The accounting process involves all of the following except
         
       
      
      
      
          
      
      
          Answer & Explanation
         Answer: B) analyzing and interpreting financial reports         
         
Explanation: The three steps in the accounting process are
 
1. Identification,
2. Recording, and
3. Communication. 
 
Hence, analyzing and interpreting financial reports is not involved in the accounting process.
       
      
      
      
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