Subsidiary Ledgers Do All of the Following Except

question 106

Multiple Choice

Subsidiary ledgers do all of the following except:

• A) Remove excessive detail from the general ledger.
• B) Provide up-to-date information on customer or other specific account balances.
• C) Aid in error identification for individual accounts.
• D) Help with division of labor (recordkeeping tasks).
• E) Eliminate the need for individual postings to the customer or supplier accounts.

Understand project management fundamentals and tools such as CPM/PERT and Gantt charts.

Recognize management by exception and its application.

Differentiate between various performance comparison approaches (historical, engineering, relative).

Analyze situations where actual performance deviates from standards and decide on appropriate corrective actions.

---

Definitions:

Specific Behaviors

Refers to particular actions or reactions of individuals or groups that are observable and measurable.

Reactivity

A problem of measurement in which the measure changes the behavior being observed.

Contiguity

Refers to the concept that things which occur close together in time or space are likely to be associated with each other.

Studying Well-Defined Hypotheses

The process of rigorously investigating specific, clearly articulated, and testable propositions derived from theories.