A Subsidiary Ledger Is a Group of Control Accounts Which

question 9

True/False

A subsidiary ledger is a group of control accounts which provides information to the managers for controlling the operation of the company.

---

Definitions:

Dissonance Theory

A theory suggesting that inconsistency among beliefs or behaviors causes an uncomfortable psychological tension that people are motivated to reduce.

Changing Cognitions

The process of modifying thoughts, beliefs, and attitudes, often aimed at improving mental health or personal effectiveness.

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

High Level

Referring to something that is advanced or complex, often involving abstract, broad, or in-depth aspects.