A Trial Balance May Balance Even When Each of the Following

question 69

Multiple Choice

A trial balance may balance even when each of the following occurs except when

• A) a transaction is not journalized.
• B) a journal entry is posted twice.
• C) incorrect accounts are used in journalizing.
• D) a transposition error is made.

Assess the artistic and cultural expressions related to death, ancestry, and the supernatural in Oceanic societies.

Understand the behavior of math instructions in PLC programming.

Identify the correct type of number result sent to the destination tag by math instructions.

Learn how to use MOV instruction to move contents between memory locations.

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Definitions:

Premium

The amount paid for an insurance policy or the difference above the nominal or face value of a security.

Expected Value

The predicted value of a variable, calculated as a sum of all possible values each multiplied by the probability of its occurrence.

Insurance Policy

A contractual agreement between an individual or entity and an insurance company, outlining the terms for the insurer to compensate the insured for specific losses in exchange for premiums paid.

Premium

An amount paid in addition to a standard price, often for insurance, or a higher or more privileged level of service or product.