Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
goji.go goji.go
wrote...
Go to Answer
Posts: 5977
Rep: 293 0
9 years ago
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.
 
Read 238 times
3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
#1
Top Poster
Posts: 10774
Rep: 1064 3
9 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1290 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 564
  
 218
  
 535
Your Opinion
Previous poll results: Who's your favorite biologist?