What is a cost ledger control account?
(a) An account in the cost ledger to record financial accounting items
(b) An account in the financial ledger to record cost accounting items
(c) An account that summarises outstanding payables balances
(d) An account that summarises outstanding receivables balances
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Answer:
b an account in the financial ledger to record cost accounting items
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The answer is
an account in the cost ledger to record financial accounting items.
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