All of the Following Are Required Steps in the Accounting

question 146

Multiple Choice

All of the following are required steps in the accounting cycle except:

• A)journalizing and posting closing entries.
• B)preparing an adjusted trial balance.
• C)preparing a post-closing trial balance.
• D)preparing a work sheet.

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Definitions:

First-level Manager

A manager who is directly responsible for overseeing the work of entry-level employees, typically the first layer of management in an organization.

Organizing Function

The organizing function involves arranging resources and tasks to achieve the objectives of an organization efficiently.

Supervising

The process of overseeing and directing the work and performance of others in a professional setting.

Policy Decisions

The process of selecting among different strategies or actions by governmental or organizational authorities to address public or organizational issues.