To Be Effective,the Chart of Accounts Must

question 38

Multiple Choice

To be effective,the chart of accounts must

• A)be as concise as possible.
• B)contain only five account categories.
• C)limit account codes to 10 digits or less.
• D)contain sufficient detail to meet the information needs of the specific organization's AIS.

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Definitions:

Sensation

The process and perception of detecting stimuli from the environment through sensory organs and translating it to the brain.

Movement

The act or process of changing position or place, facilitated by the muscular system and the nervous system.

Perineurium

Connective tissue sheath surrounding a nerve fascicle.

Fascicles

Bundles of muscle or nerve fibers encased in connective tissue, contributing to the structure and function of muscles and nerves.