Account Classification Involves Systematically

Multiple Choice

Account classification involves systematically:

A) Classifying a company's list of revenue accounts into fixed and variable categories.
B) Classifying a company's list of accounts into asset, liability, shareholders' equity, revenue, and expense accounts.
C) Classifying a company's list of cost accounts into fixed and variable categories.
D) Classifying a company's list of accounts into revenue and expense accounts only.