Which of the following is an example of sequential code'?
Answer & explanation
Correct answer: option 1
The correct answer is option 1- Using code "CL001" for "Accounts of XYZ Ltd".
The term "sequential code" refers to a coding system where the codes follow a sequential order or a numerical sequence, often indicating an incremental pattern. Using code "CL001" for "Accounts of XYZ Ltd" is an example of a sequential code because the numerical part "001" suggests a sequence (e.g., CL001, CL002, CL003, etc.). Thus, the correct answer is Option 1.