When there are a large number of individual accounts with a common characteristic, it is common to place them in a separate ledger called a(n)
A) accounts receivable ledger
B) accounts payable ledger
C) creditors ledger
D) subsidiary ledger
D
You might also like to view...
Which of the following activities is not a part of the "perform" stage in the management process?
A) Producing products as per customer specifications B) Manage supply chain relationships C) Identifying operating activities that minimize waste D) Calculating variances by comparing estimated and actual costs
Pricing of services
A) requires the same approach as pricing of products. B) uses a markup percentage to add the cost of overhead to the direct costs of labor, materials, and parts. C) always requires three pricing computations, one for materials, one for parts, and one for labor. D) is less accurate than pricing of products.
______ is a term used to describe people who take extreme measures and sacrifices to practice altruism.
Fill in the blank(s) with the appropriate word(s).
A(n) ________ is a scheme that allots to employees ever-improving employment rights and benefits as their relative lengths of pertinent employment increase.
A. seniority system B. discrimination avoidance plan C. affirmative action plan D. preferential selection system