Regarding Subsidiary Ledgers and General Ledger Control Accounts, Which of the Following

question 18

Multiple Choice

Regarding subsidiary ledgers and general ledger control accounts, which of the following is NOT true?

• A)Total balances in a subsidiary ledger should always equal the balance in the corresponding general ledger account.
• B)The general ledger maintains details of subaccounts.
• C)Control is enhanced by separating the subsidiary ledger from the general ledger.
• D)Reconciling a subsidiary ledger to the general ledger can help to detect errors or fraud.

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Definitions:

Biological Factors

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The act of intentionally causing one's own death, often as a response to distress, mental illness, or a sense of despair.

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Dissociative disorder characterized by extreme memory loss that is caused by extensive psychological stress.

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A severe form of dissociation, a mental disorder characterized by the presence of two or more distinct personality states or identities controlling an individual's behavior at different times.