Which of the Following Is a Correct Numbering System for a Chart

question 66

Multiple Choice

Which of the following is a correct numbering system for a chart of accounts?

• A) Office supplies is numbered 0145.
• B) Notes payable is numbered 20.
• C) Advertising expense is numbered 877.
• D) Interest revenue is not given an account number because it is not used on a monthly basis.

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Definitions:

Poisson Probability Tables

Tables that provide the probabilities of different numbers of events happening in a fixed interval of time or space, assuming these events occur with a known constant rate and independently of the time since the last event.

Occurrences

Incidents or instances of something happening.

Poisson Random Variable

A type of discrete random variable that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events happen with a known constant mean rate and independently of the time since the last event.

Successes Achieved

The accomplishments or favorable outcomes attained in a given project, experiment, or other endeavors.