1. Enterprise Resource Planning Systems are good for companies that are global conglomerates with over 500 employees. 1000 have a low volume of transactions. 02DA p c. don't need financial reports. d. need an inexpensive, easy to implement system to produce financial repor cost effectiveness. c. useful output. implementation. 2. The principle of an efficient accounting system that states that the benefits of information must outweigh the costs of providing it is mitt. a. flexibility. lemezn sug b. free the general ledger of excessive details. c. ESCOLY 263.8 ch d 3. All of the following are advantages of using subsidiary ledgers except they a. eliminate errors in individual accounts. a es phibisupstwa d ange thung mo D show, in a single account, transactions affecting one customer or one creditor. d. make possible a division of labor. 4. Postings are made daily to subsidiary ledger accounts so that a. employees are kept busy. b. assets are in balance. 5. Subsidiary ledgers are a group of accounts with a. a co