Examples of functional accounts include taxes, supplies, and wages.

Name: Examples of functional accounts include taxes, supplies, and wages.
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Functional accounts typically refer to categories that represent the primary operations or functions of a business, such as sales, cost of goods sold, and operating expenses. Taxes, supplies, and wages are more accurately categorized under financial accounts related to specific expenses or liabilities, not functions.

Examples of Functional Accounts Include Taxes, Supplies, and Wages