Which of the Following Errors, Each Considered Individually, Would Cause

question 162

Multiple Choice

Which of the following errors, each considered individually, would cause the trial balance totals to be unequal?

• A) A transaction was not posted.
• B) A payment of $67 for insurance was posted as a debit of $76 to Prepaid Insurance and a credit of $76 to Cash.
• C) A payment of $4,450 to a creditor was posted as a debit of $4,500 to Accounts Payable and a credit of $450 to Cash.
• D) Cash received from customers on account was posted as a debit of $720 to Cash and a credit of $720 to Accounts Payable.

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Definitions:

Marketing ROIs

The return on investment from marketing activities, measuring the profitability and effectiveness of marketing expenditures.

Marketing Resources

Assets such as knowledge, tools, and skills used by organizations to develop, implement, and evaluate marketing strategies.

Product Lines

Groups of related products marketed by a company, each serving a similar function or market.

SWOT Analysis

A strategic planning tool that assesses Strengths, Weaknesses, Opportunities, and Threats related to a business or project.