A Subsidiary Ledger

question 91

Multiple Choice

A subsidiary ledger

• A)is used to record infrequent or non-routine transactions.
• B)simplifies the process of recording large numbers of repetitive transactions.
• C)records all detailed data for any general ledger account that has individual sub-accounts.
• D)contains summary-level data for every account of the organization.

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Definitions:

Visual Images

Mental representations of physical objects or scenes that are not currently being viewed.

Encoding

The process of transforming information into a form that can be stored in memory.

Sensory Memory

The shortest-term element of memory, it is the ability to retain impressions of sensory information after the original stimuli have ended.

Encoding

The initial process of converting information into a form that can be stored and recalled later from memory.