Which Account Is Least Likely to Have a Subsidiary Ledger

question 98

Multiple Choice

Which account is least likely to have a subsidiary ledger?

• A)sales
• B)accounts receivable
• C)fixed assets
• D)inventory

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Definitions:

New-product Development

The process of bringing a new product to the market, including ideation, design, development, and launch.

Business Analysis

The practice of identifying business needs and determining solutions to business problems.

Marketing Strategy

A comprehensive plan formulated by businesses to reach potential consumers and turn them into customers of their products or services.

Financial Projections

Estimates of future financial performance, including expected revenue, expenses, and profitability.