The Categories to Which Various Costs Are Charged in the Normal

question 74

Multiple Choice

The categories to which various costs are charged in the normal financial accounting cycle are:

• A) Natural accounts.
• B) Functional accounts.
• C) Cash accounts.
• D) Expense accounts.
• E) None of these.

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Definitions:

Creativity

The use of imagination or original ideas to create something; inventiveness.

Management

is the process of planning, organizing, leading, and controlling resources to achieve organizational goals effectively and efficiently.

Leadership

The act of guiding or directing a group towards achieving a set goal by influencing or inspiring others.

Purpose

The reason for which something is done or created or for which something exists.