Examlex

Solved

Which of the Following Is Not a Good Rule to Follow

question 84

Multiple Choice

Which of the following is not a good rule to follow if you wish to offer quality service on the Internet?


Definitions:

Revenue Accounts

Accounts used to record the income generated from the sale of goods or services in the normal course of business.

Expense Accounts

Accounts in financial accounting that track the costs of operating a business, including costs for materials, labor, and overhead.

Permanent Accounts

These are balance sheet accounts whose balances are carried forward from one accounting period to the next, including assets, liabilities, and equity accounts.

Related Questions