Examlex
What managers choose to measure largely determines an organization's ________.
Permanent Account
An account in the general ledger that is not closed at the end of the accounting year, including accounts like asset, liability, and equity accounts.
Nominal Account
A temporary account that records transactions related to expenses, revenues, gains, and losses during an accounting period.
Zero Account
A banking or accounting term referring to an account that has a balance of zero, meaning it has no funds.
Depreciation Expense
An accounting method to allocate the cost of a tangible asset over its useful life.
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