The Numbering Scheme of a Chart of Accounts Usually Contains

question 122

True/False

The numbering scheme of a chart of accounts usually contains gaps.

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Definitions:

Online Bank Transfer

A method used to move money electronically from one bank account to another through internet banking services.

Customer Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or designated recipient.

Create Icon

The action or process of designing a graphical symbol or emblem to represent an application, file, directory, or function on a digital interface.

Vendor List

A record that includes details of suppliers from whom a business purchases goods or services.