The Chart of Accounts Begins with

question 94

Multiple Choice

The chart of accounts begins with

• A)asset accounts.
• B)liability accounts.
• C)revenue accounts.
• D)expense accounts.

---

Definitions:

Piggybacking

The act of attaching or linking something to an already existing system or process for an additional benefit or gain.

Groupthinking

A psychological phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Silent Brainstorming

is a technique where individuals generate ideas independently and silently before sharing them with the group.

Traditional Brainstorming

A creative group activity designed to generate a large number of ideas for the solution to a problem.