Answer:
- A chart of accounts is a list of the numbers assigned to each general ledger account.
- A subsidiary ledger contains detailed data for any general ledger account with many individual subaccounts.
Explanation:
A chart of accounts contains a list of all the numbers assigned to balance sheet and income statement accounts. The account numbers allow transaction data to be coded, classified, and entered into the proper accounts.
Subsidiary ledger
s are used to record details information for a general ledger account that contains many subaccounts, like accounts receivable (at last 1 subaccount per client), inventory (at least 1 subaccount per product) and accounts payable (at least 1 subaccount per creditor).
Answer:
The given statement is "True".
Explanation:
- Feedback would be a significant aspect in improving the accomplishment or organization's success.
- Requesting or waiting for such feedback might contribute to less and less input, although the organization must request for input, this same person might communicate with the organization by requesting comments.
Thus the above is the correct answer.
Answer:
b. strive to cut costs and increase efficiency.
Explanation:
Theory X managers is pessimistic. They believe people are lazy and unproductive. They will look to implement politics to increase the productivity,.
Practicia completes the job in one hour = 1/4
Naoimi completes the job in one hour = 1/5
If Parcticia and Naoimi does it together,let us suppose in x number of hours.
The equation so form is:
(1/4)*x + (1/6)*x = 1 (i.e job finished)
The Least common multiple(LCM) of 4 and 6 = 12
12*(1/4)*x + 12*(1/6)*x = 12*1
Therefore, solving the equation we get,
3x + 2x = 12
5x = 12
x = 12/5
x= 2 2/5 hours or 2.24 hours
Therefore number of hours they took to complete the work is 2 hours and 24 minutes or 2.24 hours.
