A Trial Balance Prepared by an Inexperienced Accountant Showed Total

question 47

Multiple Choice

A trial balance prepared by an inexperienced accountant showed total debits of $360,000 and total credits of $36,000. This discrepancy is most likely due to which type of error?

• A)Slide
• B)Failure to post a transaction
• C)Transposition
• D)Mislabeling

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Definitions:

Psychodynamic Theory

Sigmund Freud’s perspective, which emphasizes the importance of unconscious motives and conflicts as forces that determine behavior.

Conflicting Personality

A situation or condition where an individual's traits or behaviors are at odds, leading to internal tension or inconsistency.

Drive-Reduction Theory

The view that organisms learn to engage in behaviors that have the effect of reducing drives.

Self-actualization

The process of realizing and fulfilling one's own potential and capabilities, often seen as the highest level of psychological development described by Maslow.