Which of the following describes the difference between a general ledger and a general ledger account?

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Rekik Tesfaye · Accepted Answer

A general ledger account is associated with task and expense codes rather than a business unit

Rekik Tesfaye · Answer

They are both related functionalities used for the same purpose.

Rekik Tesfaye · Answer

General ledgers are required, while general ledger accounts are optional.

Rekik Tesfaye · Answer

A general ledger account is associated with a business unit rather than task and expense codes.

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