When Both Control and Subsidiary Accounts Are Used

question 50

Multiple Choice

When both control and subsidiary accounts are used

• A) both the control and subsidiary account must be identified in journalizing.
• B) for posting, it is a dual process, once to the subsidiary and once to the control account.
• C) both a and b
• D) none of the above

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Definitions:

Good Advice

Useful and effective recommendations or guidance, generally based on wisdom or expertise.

Tell And Sell

A communication approach where information is told to others with the intention of persuading them to buy into or accept a concept, idea, or product.

Command-And-Control

A management style characterized by strict discipline and a clear hierarchy, where decisions come from the top.

Theory X

A theory of management that assumes individuals are inherently lazy and will avoid work if possible, necessitating a controlling management style.