The Last Step of the Accounting Cycle Is to Prepare

question 88

True/False

The last step of the accounting cycle is to prepare a post-closing trial balance.

---

Definitions:

Pitch Diameter

The diameter of an imaginary cylindrical surface delimited by the points where the teeth of a gear or thread profile make contact with the corresponding parts of another gear or thread.

Outside Diameter

The measurement of the distance across the widest point of a cylindrical or round object's exterior.

Root Diameter

The diameter at the bottom of a screw thread or gear tooth.

Pitch Diameter

The diameter of an imaginary circle on a gear, where the teeth effectively engage with the teeth of another gear.