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What are the limitations of using a job-based pay structure?
Control Account
An account in the general ledger that summarizes the balances of a group of related accounts to keep the general ledger streamlined and manageable.
Control Accounts
Summary accounts in the general ledger that consolidate the details recorded in subsidiary ledgers.
General Ledger
A complete record of all financial transactions over the life of a company.
Accounting Information System
A system designed to collect, store, manage, process, retrieve, and report financial data for business operations.
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