In Which Order Are the Accounts Listed in the Chart

question 139

Multiple Choice

In which order are the accounts listed in the chart of accounts?

• A) assets, expenses, liabilities, stockholders' equity, revenues
• B) stockholders' equity, assets, liabilities, revenues, expenses
• C) assets, liabilities, stockholders' equity, revenues, expenses
• D) assets, liabilities, revenues, expenses, stockholders' equity

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Definitions:

Small Business

A small business is typically an independently owned and operated entity, characterized by limited revenue, fewer employees, and smaller market reach compared to larger businesses.

Functions Of Management

Refers to the core tasks and responsibilities that managers must perform, including planning, organizing, leading, and controlling, to effectively and efficiently coordinate the use of resources to achieve organizational goals.

Motivation-Hygiene Theory

A theory by Frederick Herzberg that suggests job satisfaction and dissatisfaction arise from two different sets of factors - motivation factors and hygiene factors.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which outlines a hierarchy of human needs from basic physiological needs to self-actualization.