Accounts Are Classified in the Ledger

question 184

Multiple Choice

Accounts are classified in the ledger

• A) chronologically
• B) alphabetically
• C) in accordance with their appearance in the financial statements
• D) so that accounts used most often are listed first

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Definitions:

Executive Culture

The attitudes, behaviors, and values that are prevalent among an organization's top management and leadership teams.

Organizational Culture

The collective way in which an organization's members interact and work, deeply influenced by shared values and traditions.

Autocratic

A leadership or governance style characterized by individual control over all decisions and little input from group members.

Productive

Capable of producing a significant amount or result; efficient and effective in achieving desired outcomes.