Adjusting Entries Are Not Necessary If the Trial Balance Debit

question 183

True/False

Adjusting entries are not necessary if the trial balance debit and credit columns balances are equal.

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Definitions:

Management Decisions

Actions or resolutions made by the management team of an organization regarding its operation, strategy, and the welfare of its employees.

General Unionism

A labor union strategy that seeks to represent workers from a broad range of industries rather than focusing on a specific occupation or sector.

Craft Unionism

A type of labor union organizing strategy focusing on workers who practice a specific trade or craft, aiming to protect their interests and maintain high standards in their profession.

Industrial Unionism

A labor movement strategy where all workers in the same industry are organized into the same union, regardless of their specific trade or profession.