In Accounting Software Packages, What Are Accounts That Have No

question 42

Multiple Choice

In accounting software packages, what are accounts that have no sub-accounts called?

• A) Normal accounts
• B) Master accounts
• C) Sub-accounts
• D) Statistical accounts

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Definitions:

NICs

Newly Industrialized Countries; nations that are experiencing rapid economic growth and industrialization, often with significant technological advancement.

LDCs

Stands for Least Developed Countries, which are countries that the United Nations has identified as showing the lowest indicators of socioeconomic development.

Economic Growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

Health Care Costs

The expenses associated with medical services, treatments, and drugs required to maintain an individual's health.