The correct answer is is a collection of the entire group of accounts maintained by a company.
Explanation:
A ledger or also known as a ledger, is a book that lists all the economic operations recorded in the different accounting accounts of the company in chronological order. A ledger must be kept for each accounting account that has been used in all accounting.
In a general ledger you can see the movements that have been made in a specific accounting account, thus having control of what has entered and exited that particular account and its balance at any time.
Answer: A ledger is a collection of the entire group of accounts maintained by a company
Explanation: A ledger is a general book of accounting which contains a record of business transactions. It is also defined as a collection of accounting entries consisting of credits and debits. It represents the record-keeping system for a company's financial data thus providing a record of every financial transaction that occurs during the life of an operating company. The company's transaction data is classified by type into accounts for assets, liabilities, revenues, and expenses, owner's equity.
Devil’s advocacy is a thorough analysis of a preferred alternative to check and test its strengths and weaknesses before being implemented with the purpose of identifying all the faults that might make the preferred alternative unacceptable.
This method helps in determining the dangers of any action taken by an individual or group of persons.
The answer is: A) As deductibles decrease, policy costs tend to increase.
Deductibles refers to the amount of money that the insured had to pay before receiving benefit from the insurance company. If you sign a contract with lower deductibles, the amount of money usually would be allocated to the policy cost that you have to pay each months.
