Which of the Following Statements About Controlling Accounts and Subsidiary

question 23

Multiple Choice

Which of the following statements about controlling accounts and subsidiary ledgers is incorrect?

• A)A subsidiary ledger is a ledger separate from the general ledger.
• B)A controlling account is an account in the subsidiary ledger.
• C)A controlling account maintains the total of the individual account balances in a subsidiary ledger.
• D)A subsidiary ledger contains a group of related accounts,such as a list of customers.

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Definitions:

Piaget's Stage Theory

Piaget's Stage Theory proposes that children progress through four stages of cognitive development, each characterized by different capabilities and ways of processing information: sensorimotor, preoperational, concrete operational, and formal operational stages.

Sociocultural Approach

A theoretical perspective that examines the ways in which social and cultural environments influence human behavior and cognitive processes.

Stages of Development

The distinct phases in human growth through which individuals typically progress, each characterized by specific developmental milestones.

Qualitative

Pertaining to or concerning the qualities, characteristics, or descriptions of something, rather than its quantity or measurement.