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Codification of Accounts required for the purpose of: (A) Hierarchical relationship between groups and components

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Codification of Accounts required for the purpose of:

(A) Hierarchical relationship between groups and components

(B) Data processing faster and preparing of final accounts

(C) Keeping data and information secured

(D) None of the above.

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Correct answer is: (A) Hierarchical relationship between groups and components

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