A business handles a large volume of similar transaction data by using:
A) one general ledger.
B) control accounts and subsidiary ledgers.
C) worksheets.
D) financial statements.

Name: A business handles a large volume of similar transaction data by using: A) one general ledger. B) control accounts and subsidiary ledgers. C) worksheets. D) financial statements.
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Question

Quizplus · Accepted Answer

An efficient and effective way for businesses to process a large number of transactions is to use control accounts and subsidiary ledgers.

A Business Handles a Large Volume of Similar Transaction Data