To Be Effective,the Chart of Accounts Must

question 65

Multiple Choice

To be effective,the chart of accounts must

• A) be as concise as possible.
• B) begin with account 001.
• C) utilize only one coding technique.
• D) contain sufficient detail to meet the information needs of the organization.

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Definitions:

Integrity

The quality of being honest and having strong moral principles; moral uprightness.

Promise

is a declaration or assurance that one will do something or that a particular thing will happen.

Extended Eye Contact

Extended eye contact is a non-verbal communication form that occurs when two people look into each other's eyes for a longer period, indicating various emotions or intentions.

Attraction

The feeling of being drawn to someone or something, often leading to sexual or romantic interest.