As Compared to Natural Accounts, FUNCTIONAL ACCOUNTS

Multiple Choice

As compared to natural accounts, FUNCTIONAL ACCOUNTS:

A) are the accounts to which various costs are charged in the normal accounting cycle.
B) show the purpose for which expenditures are made.
C) include items such as storing, salaries, and taxes.
D) All of these.
E) Both are the accounts to which various costs are charged in the normal accounting cycle; and include items such as storing, salaries, and taxes.