Examlex
Dr.Kaoru Ishikawa,a quality philosopher,advocated collecting and analyzing factual data using simple visual tools,statistical techniques,and teamwork as the foundations for implementing total quality.
Subsidiary Ledger
A subsidiary ledger is a detailed ledger containing individual accounts with a common characteristic, which is summarized and presented in a single account in the general ledger.
Control Account
A summary account in the general ledger that consolidates and reflects the total amount of transactions recorded in subsidiary ledgers for easier oversight and reconciliation.
Invoice Price
The initial quoted price on an invoice prior to deductions such as discounts, allowances, or rebates.
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