Which Statement Is Not Correct? the General Ledger Master File

question 15

Multiple Choice

Which statement is not correct? The general ledger master file

• A) is based on the firm's chart of account
• B) contains a record for control accounts
• C) is an output of the Financial Reporting System (FRS)
• D) supplies information for management decision making

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Definitions:

Deviance

Behaviors or actions that violate social norms or expectations, which can range from minor to serious.

Moral Boundaries

The limits that define acceptable behavior and beliefs according to societal standards and ethics.

Typology Of Deviance

A classification scheme that categorizes different forms of deviant behavior based on their perceived or actual social harm.

Robert Merton

An American sociologist known for developing theories that explain social processes and structures, notably the strain theory.