A Categorization Relationship Is a IS-A Relationship

question 13

True/False

A categorization relationship is a IS-A relationship.

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Definitions:

Cash Register Tape

A paper roll or digital record used in cash registers to record transactions made during a business day.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities.

Trial Balance

A trial balance is a bookkeeping report that lists the balances in each of an organization's general ledger accounts.

General Ledger

A complete record of all financial transactions over the life of a company, serving as the primary source for generating financial statements.