The Purpose of a Trial Balance Is To

question 123

Multiple Choice

The purpose of a trial balance is to:

• A)show whether the figures in the account ledgers are correct and balanced.
• B)prepare a mock up of a real balance sheet.
• C)review the income statement accounts.
• D)meet a reporting requirement of the Securities Exchange Commission (SEC).

---

Definitions:

Physical Activity

Any bodily movement produced by skeletal muscles that require energy expenditure, including activities undertaken while working, playing, carrying out household chores, traveling, and engaging in recreational pursuits.

Disability

A condition, either physical or mental, that limits a person's movements, senses, or activities.

Old Age

The latter part of life, typically considered to start in the late 60s or early 70s, characterized by increased frailty and decreased physical ability.

All-Cause Mortality

The total number of deaths due to any cause in a population within a specified period.