Knowledge Check 01 Why is accounting important? O Businesses, regulatory agencies, and the general public use accounting information. O Accounting information impacts businesses only. O Accounting is important only to those who are majoring in accounting. Prey 1 CO 2 3 of 13 Score.answ arch o DELL Part 2 of 3 Knowledge Check 01 Identify the type of activity by choosing the best answer for each question. Select each item listed below as being an identifying, recording, or a communicating activity 10 Doints Active Print hem #1 Preparing and entering a list of checks issued. Per #2 Using a cash register to enter sales Item 3 Entering a list of the sales involces Including the prices and quantities, for the company's recordkeeper Item #4 Interpreting information from Tancial reports Item #5 Preparing financial statements for creditors References Communicating Identifying Recording o + . Type here to search 8 7 5 6 B