menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 1
  4. Exam
    Exam 2: The Balance Sheet
  5. Question
    Account Titles in the Chart of Accounts Are
Solved

Account Titles in the Chart of Accounts Are

Question 3

Question 3

Multiple Choice

Account titles in the chart of accounts are:


A) general purpose and do not indicate the nature of the account.
B) consistent with those used by other companies.
C) linked to account numbers.
D) the names mandated for use by the FASB.

Correct Answer:

verifed

Verified

Related Questions

Q1: All of the following would be classified

Q2: Which of the following statements regarding posting

Q4: On January 1,Kirk Corporation had total assets

Q5: Match the term with its definition.(There are

Q6: A company borrows money from a bank.The

Q7: At the start of the first year

Q8: The cost principle is used:<br>A)to refer to

Q9: For both accounts and amounts,the standard formatting

Q10: Which of the following transactions for Bill's

Q11: A current asset is one that the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines