Question : Codification of Accounts required for the purpose of:
Option 1: Hierarichal relationship between groups amd components
Option 2: Data Processing faster and preparing of final accounts
Option 3: Keeping data and information secured
Option 4: None of the above
Correct Answer: Hierarichal relationship between groups amd components
Solution : Proper codification is needed to guarantee classification is clean and to retain the hierarchical links between a group and its subgroups/components.
Hence the correct answer is option 1.
Question : Accounts must be codified in order to:
Question : There is a hierarchical relationship between the _______.
Question : Method of codification should be -
Question : The computerised accounting system refers to -
Question : Which type of relationship exist between rate of dividend and share price?
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