The coding scheme most appropriate for a chart of accounts is
A)sequential code
B)block code
C)group code
D)mnemonic code

Name: The coding scheme most appropriate for a chart of accounts is A)sequential code B)block code C)group code D)mnemonic code
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Block coding is most appropriate for a chart of accounts because it allows for the organization of accounts into blocks or groups, making it easier to categorize and retrieve financial information.

The Coding Scheme Most Appropriate for a Chart of Accounts