A Company's Chart of Accounts Is a List of All

question 39

True/False

A company's chart of accounts is a list of all the accounts used and includes an identification number assigned to each account.

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Definitions:

Clean Water Act

In environmental law, a federal statute that sets requirements for limiting the pollution of the nation’s water sources according to a schedule, based on the most effective technology currently available.

Pollutants

Substances that contaminate the environment, causing harm or discomfort to living organisms.

Waterways

Natural or man-made bodies of water, used for transportation, power, or irrigation.

Supremacy Clause

A principle in the U.S. Constitution that states federal laws and treaties have authority over conflicting state laws.