Choose the True Statement About Group Accounts and Subgroup Accounts

question 35

Multiple Choice

Choose the true statement about group accounts and subgroup accounts -

• A) the group account is selected when one account is the total for that name
• B) the subgroup selection is required when one account must stand alone
• C) the group accounts types are non- postable accounts
• D) the subgroup accounts are non-postable accounts

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Definitions:

Mental Grouping

The cognitive process of categorizing objects or information based on shared attributes or relations, aiding in understanding and memory.

Prototype

An original model or first form from which other forms are copied or developed.

Category

A class or division within a system of classification in which members share certain characteristics or attributes.

Prototype

A preliminary model or early sample of a product that serves as an example or basis for designing subsequent forms or versions.