Which of the Following Is the Usual Last Step in the Accounting

question 199

Multiple Choice

Which of the following is the usual last step in the accounting cycle?

• A)Preparing the adjusted trial balance.
• B)Preparing the financial statements.
• C)Preparing a post-closing trial balance.
• D)Preparing an unadjusted trial balance.

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Definitions:

Storage of Data

The process of saving data in a secure location to ensure it is available for future access, analysis, and backup.

Locked Cabinets

Secure storage units used to prevent unauthorized access to contents, often important for safety and confidentiality.

Password Protected

Secured with a combination of characters known only to the user and required for access.

Ethical

Relating to moral principles or the branch of knowledge dealing with these, especially as they apply to professional conduct.