A Subsidiary Ledger Is Used to

question 29

Multiple Choice

A subsidiary ledger is used to

• A) track individual balances.
• B) maintain details that the general ledger cannot capture.
• C) balance its overall total to the control account.
• D) all of the above

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Definitions:

Security Risks

Potential threats that could compromise the confidentiality, integrity, or availability of information or assets.

Filing System

An organized method of storing documents, records, or data in a way that makes retrieval easy and efficient.

Exact Spelling

The accurate arrangement and sequence of letters in a word.

Indexing

The method of organizing data, literature, or information to facilitate easy retrieval, often seen in libraries, databases, and various information systems.