A chart of accounts:
A)is set up in alphabetical order.
B)is a list of customer accounts.
C)is a listing of all the accounts used by a company.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

A chart of accounts is a listing of all the accounts used by a company, organized in a specific order that typically reflects the financial statements' layout. It is not set up in alphabetical order, nor is it a list of customer accounts.

A Chart of Accounts