Which of the Following General Ledger Accounts Normally Has a Subsidiary

question 106

Multiple Choice

Which of the following general ledger accounts normally has a subsidiary ledger?

• A) Owner's Capital
• B) Drawing
• C) Supplies
• D) Accounts Payable

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Definitions:

Pessimistic Time

The maximum possible time that a task or project phase is expected to take, assuming worst-case scenarios.

Optimistic Time

The shortest amount of time in which a task or project phase can realistically be completed, assuming everything proceeds better than is normally expected.

Crash Duration

The minimum time period needed to complete an activity or project phase by allocating the maximum resources.

Crash Cost

The additional costs associated with rushing or compressing a project schedule to complete it in the shortest time possible.