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In General, Subsidiary Ledgers Are Not Needed in Perpetual Systems

question 48

True/False

In general, subsidiary ledgers are not needed in perpetual systems because the accounting system captures sufficient details to support analyses that decision makers need.


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Brown v. Board

A landmark United States Supreme Court case in 1954 that declared state laws establishing separate public schools for black and white students to be unconstitutional.

Roe v. Wade

The 1973 U.S. Supreme Court decision that established a woman's legal right to an abortion.

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Past court decisions that are used as a guide in interpreting and applying the law in future cases.

Judicial Precedents

Decisions from previous court cases which are used as a guide for judging similar future cases, establishing consistency in legal reasoning.

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