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QUESTION 5 are internal divisions of an enterprise that are used to define areas of responsibility or to meet the external reporting requirements of an
QUESTION 5 are internal divisions of an enterprise that are used to define areas of responsibility or to meet the external reporting requirements of an enterprise segment. O A. Cost centers B. Sub-ledgers OC. Business ares D None of the above O E. Depreciation areas QUESTION 6 Which term refers to an ordered listing of accounts that comprise a company's gencral ledger? O A. Chart of accounts (COA) OB None of the above OC. Bank ledger D. General ledger O E. Balance sheet QUESTION 7 Which term represents what a company owns, such as cash, inventory of materials, and buildings? OA Equity B Assets OC. Revenues OD None of above OE. Liabilities QUESTION 8 Which term represents what a company owes to others, including money owed to vendors and loans from financial institutions? OA Equity None of the above Assets OD. Liabilities O E. Revenues
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