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Codification of Accounts required for the purpose of ______.

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Question

Codification of Accounts required for the purpose of ______.

Options

  • Hierarchical relationship between groups and components

  • Data processing faster and preparing of final accounts

  • Keeping data and information secured

  • None of the above

MCQ
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Solution

Codification of Accounts required for the purpose of hierarchical relationship between groups and components.

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Codification and Hierarchy of Account Heads
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