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    Fundamental Accounting Principles
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    Exam 11: Accounting Information Systems
  5. Question
    In General, Subsidiary Ledgers Are Not Needed in Perpetual Systems
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In General, Subsidiary Ledgers Are Not Needed in Perpetual Systems

Question 48

Question 48

True/False

In general, subsidiary ledgers are not needed in perpetual systems because the accounting system captures sufficient details to support analyses that decision makers need.

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