Which three objectives must be considered when designin…

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.
Try to use all 30 segments and 25 characters per segment because you cannot change it later.

B.
Limit the number of segments to those you need today to reduce data entry.

C.
Anticipate growth and maintenance needs as organizational changes occur.

D.
Consider implementing a single, global chart of accounts.

E.
Effectively manage an organization’s financial business.



Leave a Reply 2

Your email address will not be published. Required fields are marked *