If a Journal Entry Is Posted Twice, Then This Error

question 139

True/False

If a journal entry is posted twice, then this error will be found when the trial balance is produced.

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Definitions:

Surveyors

Professionals who assess and measure land, property, and construction projects to determine boundaries, dimensions, and the topographical makeup of an area.

Negligent Misstatement

A false statement made carelessly, causing someone to suffer loss or damage because they relied on it.

Under-Insured

A situation in which one's insurance coverage is insufficient to cover the costs of damages or losses incurred.

Degree of Care

refers to the level of attention, diligence, and precaution an individual or organization must legally apply in carrying out an action or duty to avoid harm to others.