If the Sum of the Debit Column Equals the Sum

question 29

Multiple Choice

If the sum of the debit column equals the sum of the credit column in a trial balance it indicates

• A) no errors have been made.
• B) no errors can be discovered.
• C) that all accounts reflect correct balances.
• D) the mathematical equality of the accounting equation.

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Definitions:

Conflict Avoidance

A strategy or behavior aimed at preventing disagreements or disputes, often by evading potentially contentious issues.

Senior Executives

High-level managers or administrators in an organization, responsible for creating strategies, making major decisions, and leading the company towards its objectives.

Marketing Orientation

A business approach focused on identifying and meeting the needs and desires of customers through product innovation, promotion, and distribution.

Task-Related Conflict

Disagreements or disputes among team members specifically related to aspects of the work itself, such as goals, tasks, or procedures, which can lead to creative solutions if managed properly.