Which of the following is true of the relationship between subsidiary ledgers and general ledger accounts?a. The two contain different and unrelated data.b. All general ledger accounts have subsidiaries.c. The relationship between the two provides an audit trail from the financial statements to the source documents.d. The total of subsidiary ledger accounts usually exceeds the total in the related general ledger account.

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter1: Auditing: Integral To The Economy
Section: Chapter Questions
Problem 18MCQ
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Which of the following is true of the relationship between subsidiary ledgers and general ledger accounts?
a. The two contain different and unrelated data.
b. All general ledger accounts have subsidiaries.
c. The relationship between the two provides an audit trail from the financial statements to the source documents.
d. The total of subsidiary ledger accounts usually exceeds the total in the related general ledger account.

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