The Account Number 430 Would Indicate What Type of Account

question 72

Multiple Choice

The account number 430 would indicate what type of account?

• A) Asset
• B) Liability
• C) Revenue
• D) Expense

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Definitions:

Parameter

A quantity or characteristic that defines or constrains how a system or model operates, often used in statistics to describe a population.

High School Education

The level of education typically completed from grades 9 to 12, serving as the foundation for future college or vocational training.

Proportion

A statistical measure that indicates the fraction of the total number of items or cases that belong to a particular category or exhibit a particular attribute.

Sample Proportion

The fraction of items in a sample that are of a particular type or category.