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.

Understand the value of professionalism, leadership, self-management, communication, critical thinking, and teamwork in contemporary organizations.

Comprehend the meaning and implications of organization development (OD) and its relevance in planned organizational change.

Explain the purpose and effectiveness of different organization development interventions.

Acknowledge the personal responsibility in building and maintaining career readiness in changing times.

---

Definitions:

Divisional Organizations

Companies structured into semi-autonomous units called divisions, each with its own resources and objectives, aligned under the larger organizational umbrella.

Functional Organizations

A type of organizational structure where the company is divided into smaller groups based on specialized functional areas such as marketing, finance, and engineering.

Network Structure

An organizational design focused on connecting various entities (e.g., departments, organizations) through informal networks rather than hierarchical lines of authority.

Central Core

The primary or most important area, aspect, or concept within a system, organization, or field of study.