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.

---

Definitions:

Employment Equity Program

Initiatives designed to correct imbalances and ensure fairness in hiring, promotion, and retention practices within organizations, particularly for underrepresented groups.

Workforce Analysis

A systematic process of identifying and examining the composition, skills, and other demographics of an organization’s workforce to inform planning and decision-making.

Federally Regulated Employers

Employers who operate under the jurisdiction of federal labor laws rather than provincial or state regulations.