Control Accounts Are Always Located in the General Ledger

question 117

True/False

Control accounts are always located in the general ledger.

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Definitions:

Line

A line is a one-dimensional shape that extends without end in both directions and lacks any thickness.

Points

Specific locations in space or positions on a graph, defined by their coordinates.

Perpendicular

At an angle of 90 degrees to a given line, plane, or surface or to the ground.

Line

A straight one-dimensional figure having no thickness and extending infinitely in both directions, defined by two points in Euclidean geometry.