Management Is Accountable to Its Employees in Which of the Following

question 115

Multiple Choice

Management is accountable to its employees in which of the following ways?

• A) Providing products that are safe and free of defects
• B) Providing a safe workplace
• C) Providing a return on the owner's shareholders' investment
• D) Ensuring the business is environmentally responsible for impacts on the community

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Definitions:

Control Account

A general ledger account that summarizes and controls the detailed data recorded in subordinate ledger accounts.

Subsidiary Ledger

A detailed ledger containing all account details and transactions for individual component accounts that roll up into a general ledger summary account.

Special Journals

Accounting books designed for recording specific types of transactions in a detailed and efficient manner.

Purchases Journal

A special journal that records all purchases of merchandise on account.