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    Financial Accounting
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    Exam 2: Exploring Computerized Accounting Systems and Software
  5. Question
    When Different Accounts Are Clubbed on the Basis of Some
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When Different Accounts Are Clubbed on the Basis of Some

Question 13

Question 13

Multiple Choice

When different accounts are clubbed on the basis of some common characteristics that are shared by them, the concept is known as_______.


A) Asset
B) Liability
C) Income
D) Grouping

Correct Answer:

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