Briefly Explain the Purpose of Account Numbers as Used in a Chart

question 3

Essay

Briefly explain the purpose of account numbers as used in a Chart of Accounts. List three advantages of using account numbers.

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Definitions:

Public Relations

is the practice of managing and guiding perceptions of a company or individual by the public, aiming to maintain a positive image.

Mobile Marketing

Marketing activities that use mobile devices, such as smartphones and tablets, as the medium to reach consumers.

Text Message

A form of electronic communication sent and received over a phone network, typically consisting of short messages.

Sales Promotions

Short-term incentives aimed at encouraging the purchase or sale of a product or service.