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Title: Which of the following statements is true about control accounts? Post by: goji.go on Oct 20, 2014 Which of the following statements is true about control accounts?
a. control accounts are used to control amounts spent during the year b. control account totals must equal the total of the individual subsidiary accounts c. control accounts are used to limit the amounts of liabilities incurred during the year d. control accounts avoid the need for making postings to ledgers. Title: Re: Which of the following statements is true about control accounts? Post by: f_zah1 on Oct 23, 2014 Content hidden
Title: Re: Which of the following statements is true about control accounts? Post by: goji.go on Oct 23, 2014 Thanks so much f_zah1.
You were correct :D Title: Re: Which of the following statements is true about control accounts? Post by: f_zah1 on Oct 23, 2014 You're very welcome!
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