The order of financial accounting process involves i. recording ii. presenting iii. collecting iv. analyzing

The correct order of financial accounting process involves: i. Recording: This is the first step where transactions are recorded in a systematic and chronological order in the books of original entry like journal and subsidiary books. ii. Collecting: In this step, the recorded transactions are then posted into the respective ledger accounts in a classified manner. iii. Analyzing: After recording and collecting the transactions, they are then analyzed to determine the financial position and performance of the business. iv. Presenting: The last step is presenting the analyzed financial information in the form of financial statements such as the income statement, balance sheet, and cash flow statement. Therefore, the correct order of financial accounting process is iii, i, ii, and iv.