Multiple Choice
Which of the following statements is not the purpose of a purchase ledger control account?
A) A purchase ledger control account provides a check on the arithmetic accuracy of the personal ledger.
B) Control accounts deter fraud.
C) A purchase ledger control account helps locate errors in the trial balance.
D) A purchase ledger control account ensures that there are no errors in the personal ledger.
Correct Answer:
Verified
Correct Answer:
Verified
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