A Subsidiary Ledger Is a Record of Accounts That Provides

question 106

True/False

A subsidiary ledger is a record of accounts that provides supporting details on individual balances,the total of which appears in a general ledger account.

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Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity.

20th Century

Refers to the period from 1901 to 2000, characterized by significant advancements in technology, science, and social changes globally.

Performance Appraisal

A systematic evaluation of an employee's performance and productivity in relation to defined objectives and criteria.

Permanent Members

Individuals who hold a fixed and ongoing position within a group or organization, as opposed to temporary or rotating members.