Which of the Following Errors Will Be Detected by a Trial

question 15

Multiple Choice

Which of the following errors will be detected by a trial balance?

• A)posting a credit to Sales instead of to Accounts Payable
• B)incorrectly computing the balance of the cash account
• C)failure to journalize a sales transaction at all
• D)forgetting to post a purchase transaction at all

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Definitions:

New Buy

A purchase decision where a customer is buying a product or service for the first time, requiring significant research and evaluation.

Modified New Buy

A purchasing situation wherein a company makes some changes or modifications to a product they are buying again.

Industrial Users

Businesses that purchase goods or services for use in the production of other products or services, rather than for resale.

Salespeople Evaluation

The assessment of sales personnel's performance, effectiveness, and alignment with business objectives.