What is the term that accounting software packages use for control accounts?
A) Normal accounts
B) Chart of accounts
C) Sub-accounts
D) Master accounts

Name: What is the term that accounting software packages use for control accounts? A) Normal accounts B) Chart of accounts C) Sub-accounts D) Master accounts
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Question

Quizplus · Accepted Answer

Control accounts are often referred to as "Master accounts" in accounting software packages. They summarize the details of transactions recorded in various sub-accounts.

What Is the Term That Accounting Software Packages Use for Control