Multiple Choice
NTR Corporation has offices in both Los Angeles and San Francisco.In the Los Angeles office, the account number for cash is 001.101.In San Francisco, the account number for cash is 002.101.Which of the following statements is most true?
A) NTR uses sequential coding for its chart of accounts.
B) One of the offices should change its account number for cash to promote consistency and efficiency.
C) The first set of digits denotes the office.
D) The second set of digits denotes the office.
Correct Answer:
Verified
Correct Answer:
Verified
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