Which three objectives must be considered when designing the chart of accounts?

Which three objectives must be considered when designing the chart of accounts?

Which three objectives must be considered when designing the chart of accounts?

A.
Effectively manage an organization’s financial business.

B.
Support the audit and control of financial transactions.

C.
Provide less flexibility for management reporting and analysis.

D.
Anticipate growth and maintenance needs because organizational changes occur

E.
Select the segment qualifiers.

Explanation:
D:Provides a good foundation for further expansion as well as appropriate storage
of current and historical information.



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