In the Chart of Accounts, Account Number 211 Falls Under

question 97

Multiple Choice

In the chart of accounts, account number 211 falls under the:

• A) Assets section.
• B) Liabilities section.
• C) Revenue section.
• D) Cost of Goods Sold section.
• E) Expenses section.

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Definitions:

Local Account

An account that is created and managed directly on a device, allowing access to that specific device without the need for online authentication.

Administrator Account

A user account with special permissions to manage and configure system settings, software installations, and user permissions on a computer or network.

Lock Screen

A feature on digital devices that prevents unauthorized access by displaying a secure screen that requires a password or biometric verification.

Sign-in Screen

The interface on a digital platform where users enter credentials to access their account.