An account used to record the balances on a number of subsidiary accounts and to provide a cross-check on them.
统制账户，统驭科目
Example sentencesExamples
The use of subsidiary books was accompanied by periodic postings of totals to control accounts in the general ledger.
As a motivation tool, an MR budget creates incentives for control account managers and others to operate more efficiently.
The earned value literature suggests that another purpose of an MR budget is motivational: to create a ‘budget challenge’ for control account managers.
Unreconciled difference on debtors control account amounted to R354-million.
Definition of control account in US English:
control account
noun
An account used to record the balances on a number of subsidiary accounts and to provide a cross-check on them.
统制账户，统驭科目
Example sentencesExamples
The use of subsidiary books was accompanied by periodic postings of totals to control accounts in the general ledger.
The earned value literature suggests that another purpose of an MR budget is motivational: to create a ‘budget challenge’ for control account managers.
Unreconciled difference on debtors control account amounted to R354-million.
As a motivation tool, an MR budget creates incentives for control account managers and others to operate more efficiently.