A Chart of Accounts for a Business Firm

question 201

Multiple Choice

A chart of accounts for a business firm

• A)is a graph.
• B)indicates the amount of profit or loss for the period.
• C)lists the accounts in the ledger.
• D)shows the balance of each account in the general ledger.

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Definitions:

SMTP

Simple Mail Transfer Protocol, a protocol used for sending emails across the Internet.

Microsoft Outlook

An email client and personal information manager software developed by Microsoft, often used in professional settings.

Encoding

The process of converting data into a specific format for efficient transmission or storage.

Private-Key Encryption

A type of encryption where only the two parties involved in sending the message have the code.