Which of the Following Statements Is Incorrect

question 125

Multiple Choice

Which of the following statements is incorrect?

• A) An unadjusted trial balance is a list of accounts and balances prepared before adjustments are recorded.
• B) An adjusted trial balance is a list of accounts and balances prepared after adjusting entries have been recorded and posted to the ledger.
• C) Each trial balance amount is used in preparing the financial statements.
• D) Financial statements should be prepared directly from information in the unadjusted trial balance.
• E) Financial statements can be prepared directly from information in the adjusted trial balance.

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Definitions:

Hemorrhagic Stroke

A stroke resulting from bleeding from a blood vessel.

Ruptured Blood Vessel

A condition where the wall of a blood vessel breaks open, leading to bleeding within the body.

Cerebellum

A part of the brain at the back of the skull in vertebrates, which coordinates and regulates muscular activity.

Movement Control

The regulation and coordination of muscle activity to produce motions within the body or parts of the body.