In Practice,an Accounting System's Chart of Accounts Includes

question 34

Multiple Choice

In practice,an accounting system's chart of accounts includes

• A)a numerical identifier.
• B)the use of account titles only.
• C)statement of financial position accounts only.
• D)a restriction on the number of accounts that can be used.

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Definitions:

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Conditioned Stimulus

A previously neutral stimulus that, after being associated with an unconditioned stimulus, triggers a conditioned response.

Sound Of Tone

The auditory perception of a specific frequency or quality of sound, often related to music or speech.

Unconditioned Stimulus

In classical conditioning, a stimulus that unconditionally, naturally, and automatically triggers a response without prior learning.