What is the correct drill-down hierarchy for account lists and transaction lists?

The correct drill-down hierarchy for account lists and transaction lists is from the managing account to the card account and then to the transaction list. This hierarchy is particularly structured to reflect the relationship between different account types and how transactions are associated with them.

Starting at the managing account level, which typically encompasses multiple card accounts, the organization is established clearly. The managing account serves as an overarching category that includes several card accounts, which can represent individual cardholders or specific departments within an organization.

Once you drill down into the card account level, you can see the specific accounts that fall under the managing account. Each of these card accounts will have separate transaction lists that detail all the transactions associated with that specific card. Therefore, descending from the broad category of managing accounts to the individual card accounts supports effective management and oversight of financial activities.

This structure is essential for efficiently tracking and managing transactions, as well as for reporting and analysis purposes within the financial management system. Understanding this drill-down approach enables cardholders and approving officials to effectively navigate financial records and maintain proper oversight of expenditures.