A Subsidiary Ledger That Contains a Separate Account for Each

question 42

Multiple Choice

A subsidiary ledger that contains a separate account for each party that grants credit on account to the business is called a(n)

• A) Controlling account
• B) Accounts Receivable Ledger
• C) Accounts Payable Ledger
• D) Merchandise Inventory Ledger
• E) Accounts Payable

---

Definitions:

Performance Improvement

The continuous effort to enhance the effectiveness, efficiency, and quality of services or processes to meet or exceed expectations.

Meta-analysis

A statistical technique for summarizing the results of various studies on a specific topic into a single estimate of effect.

Randomized Control Trial (RCT)

A scientific study design that randomly assigns participants into an experimental group or a control group to measure the effect of an intervention.

Case-control Study

An observational study design that compares individuals with a specific condition or disease (cases) to individuals without the condition (controls), often used to identify factors that may contribute to a medical condition.