"Natural accounts" are:
A) usually allocated to functional accounts by the MIS method.
B) accounts to which various costs are charged in the normal accounting cycle.
C) misleading for calculating a firm's total profitability.
D) usually named to show the purpose for which expenditures are made.
E) All of these.

Question

Quizplus · Accepted Answer

Natural accounts are accounts to which various costs are charged in the normal accounting cycle, reflecting the nature of the expense or revenue.

"Natural Accounts" Are