A Subsidiary Ledger Frees the General Ledger from Details of

question 52

Multiple Choice

A subsidiary ledger frees the general ledger from details of

• A) individual balances.
• B) external transactions.
• C) internal transactions.
• D) the control account.

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Definitions:

Pricing Policies

Strategies and guidelines a company follows to set the prices for its products or services, often influenced by market conditions, cost, demand, and competition.

Marketplace

A physical or virtual venue where goods, services, or information are exchanged, ranging from local farmers markets to online platforms.

Physical Size

The dimensions, volume, or extent of an object or person's body, often measured in terms of height, weight, or area.

In-Store Sampling

Offering free samples of products to customers within a retail environment to encourage trial and purchase.