The Finished Goods Account Is a Controlling Account for the Subsidiary

question 94

Multiple Choice

The finished goods account is a controlling account for the subsidiary:

• A) sales ledger.
• B) materials ledger.
• C) work-in-process ledger.
• D) stock ledger.

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Definitions:

Air Pollution Control System

Technologies and measures designed to reduce or eliminate the emission of pollutants into the atmosphere.

Operating a Car

The act of controlling and managing the functions and movement of a motor vehicle.

Gross Domestic Product

The total value of all goods and services produced within a country's borders in a specific time period, serving as a broad measure of economic activity.

Economic Output

The total value of all goods and services produced by an economy over a specific time period.