The Accounting Cycle Requires Three Trial Balances Be Done

question 147

Multiple Choice

The accounting cycle requires three trial balances be done. In what order should they be prepared?

• A) post-closing, unadjusted, adjusted
• B) unadjusted, post-closing, adjusted
• C) unadjusted, adjusted, post-closing
• D) post-closing, adjusted, unadjusted

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Definitions:

Relatedness

In psychology, the need to engage in warm relations with others, considered a fundamental aspect of human motivation that influences behavior and mental health.

Autonomy

The capacity to make an informed, uncoerced decision independently.

Competence

The ability to do something successfully or efficiently, often linked to skills and knowledge in a specific area.

Approach-Avoidance Motivation

A psychological concept that describes the conflict involved when a person is faced with a choice or goal that has both attractive and unattractive aspects.