Which One of the Steps Below Is Not Aided by the Preparation

question 73

Multiple Choice

Which one of the steps below is not aided by the preparation of the end-of-period spreadsheet?

• A) preparing the adjusted trial balance
• B) posting to the general ledger
• C) preparing the financial statements
• D) preparing the closing entries

---

Definitions:

Fixed Manufacturing Overhead

Costs associated with production that do not change with the level of output, such as rent, salaries, and utilities.

Direct Labor

The wages and related costs for employees who are directly involved in the production of goods or providing services.

Raw Material

The basic materials and substances used in the initial stages of production to manufacture goods.

Work in Process

Inventory that includes materials that are currently being processed into finished goods but are not yet complete.