Examlex

Solved

A Chart of Accounts Is a List of Accounts That

question 13

Short Answer

A chart of accounts is a list of accounts that makes it possible to easily identify account ____________________ and names.


Definitions:

Institutional

Relating to an established organization, especially one with societal, educational, or governmental functions.

Organization

An entity comprising multiple people, such as an institution or an association, that has a particular purpose, such as a business or government department.

Organization levels

The different layers of authority and responsibility within an organization, typically ranging from senior executives to frontline employees.

Technical

Relating to or involving the practical application of scientific knowledge, especially in a specific professional area or activity.

Related Questions