The Accounts Payable Subsidiary Ledger Controls the Accounts Payable Account

question 111

True/False

The accounts payable subsidiary ledger controls the accounts payable account in the general ledger.

---

Definitions:

Organization

A structured group of people working together to achieve common goals through coordinated efforts.

Referent Power

The influence one possesses due to others' respect, admiration, or desire to identify positively with them.

Interpersonal Relationships

Connections or associations between two or more people that may be based on feelings, work, or social interactions.

Admiration

A feeling of respect and approval for someone or something.