Which of the following is the best example of a functional account?
A) Order processing
B) Office supplies
C) Rent
D) Electricity
E) Raw materials

Question

Quizplus · Accepted Answer

Order processing is a functional account as it represents a specific business function and is necessary for the operation of the company. Office supplies, rent, electricity, and raw materials are all expense accounts, but they do not represent a specific business function.

Which of the Following Is the Best Example of a Functional