By 2006 Some 24 of the World's 100 Largest Non-Financial

question 90

Multiple Choice

By 2006 some 24 of the world's 100 largest non-financial multinationals were:

• A)Chinese enterprises.
• B)British enterprises.
• C)U.S.enterprises.
• D)Japanese enterprises.

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Definitions:

Control Account

A summary account in the general ledger that consolidates and reflects the total of transactions recorded in subsidiary ledgers.

Customers' Names

Identifying information for individuals or entities that purchase goods or services from a business.

Subsidiary Ledger

A detailed ledger that contains the accounts of specific areas of business, supporting data for accounts in the general ledger.

Accounts Receivable

Financial obligations of customers towards a business for delivered products or services awaiting payment.