Multiple Choice
Proponents of using national standardized charts of accounts argue that:
A) It facilitates the mobility of qualified accountants since all firms use the same basic structure.
B) It facilitates inter-company comparability of published accounts.
C) It reduces the cost of designing accounting software packages.
D) All of these.
Correct Answer:

Verified
Correct Answer:
Verified
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Q7: The need for a statement of cash
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