Which of the following terms refers to a system of accounting records aligned with a school district's business?

The term that refers to a system of accounting records aligned with a school district's business is known as the chart of accounts. A chart of accounts is a structured listing of an organization’s accounts, organized in such a way that they can easily be referenced and categorized. Each account within this system corresponds to specific financial transactions, allowing for systematic tracking of financial activities, budget management, and reporting.

In the context of a school district, the chart of accounts facilitates transparency and accountability by categorizing funds and expenditures related to various programs, departments, and activities. This organization is crucial for effective financial management and reporting, ensuring that all stakeholders can understand the district's financial position and decisions.

While an account ledger is a detailed record of all transactions associated with a specific account, it serves more as a detailed subset of the overall framework provided by the chart of accounts. Financial statements summarize the financial position of an organization at a specific point in time and typically draw upon the data organized in the chart of accounts but do not serve as the accounting system itself. A revenue report, on the other hand, focuses specifically on the income generated and does not encompass the comprehensive organization of all financial accounts within the school district.