The Balance of a Control Account in the General Ledger

question 109

Multiple Choice

The balance of a control account in the general ledger

• A) must always be zero.
• B) must equal the amount of total assets.
• C) is always greater than the composite balance of individual accounts in a related subsidiary ledger.
• D) must equal the composite balance of individual accounts in a related subsidiary ledger.

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Definitions:

Hiring Process

The series of steps undertaken by an organization to recruit and select candidates for job positions, from job posting to final selection.

Claims

Assertions or statements made, usually in writing, that something is the case, often requiring proof or evidence.

Supporting Facts

Evidence or information provided to back up a statement, claim, or idea, enhancing its credibility.

Negative Feedback

a type of feedback where the effect of a small disturbance on a system causes an output that minimizes or counteracts the initial disturbance.