Which activities in the accounting process focus on identifying, classifying, and summarizing economic events? select all that apply.
a : identification
b : communication
c : calculating
d : extracting
e : recording
f : transmitting

Identification, communication, calculating are the accounting process focus on identifying, classifying, and summarizing economic events.

A : identification

B : communication

C : calculating

Explanation:

Accounting is a systematic process of recognizing recording estimating arrange confirming some rising translator and conveying money related data. It uncovers benefit or misfortune for a given period and produce the idea of a company's advantages and liabilities and proprietors' value.

This cycle begins with a business occasion. Accountants investigate the exchange and record it in the general diary with a diary section. The charges and credits from the diary are then presented on the general record where an unadjusted preliminary parity can be readied.  

The fundamental strides for Accounting process are:

answer(b); ; ; the quantitative or qualitative variable for which the experimenter wishes to determine how its value is affected by the explanatory variable;

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.