Option (C) Communication of information is correct. According to the context, accounting as an information system involves 'identifying, measuring, recording and communicating' economic events to interested users. The text explicitly states that 'Generation of information is not an end in itself. It is a means to facilitate the dissemination of information among different user groups.' and 'dissemination of information is an essential function of accounting.' The purpose of generating information through financial statements is ultimately to communicate it to various user groups for decision-making. Therefore, communication is the final step in accounting as a process of information.