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In the realm of accounting, which process encompasses the systematic recording, classification, summarization, and reporting of financial transactions for individuals, businesses, or organizations, ensuring accuracy,

In the realm of accounting, which process encompasses the systematic recording, classification, summarization, and reporting of financial transactions for individuals, businesses, or organizations, ensuring accuracy, transparency, and compliance with accounting standards and regulations?
a) Financial analysis and reporting
b) Budgeting and forecasting
c) Auditing and assurance
d) Bookkeeping and financial recording

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