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4. (7 points) Explain the relationship (not definition) among Chart of Accounts, General Ledger, Subledger, Reconciliation Account, Account Group, Primary Cost Element, Secondary Cost Element,

4. (7 points) Explain the relationship (not definition) among Chart of Accounts, General Ledger, Subledger, Reconciliation Account, Account Group, Primary Cost Element, Secondary Cost Element, Cost Center, and Standard Hierarchy. (90 - 120 words)

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