Which One of the Following Is an Optional Step in the Accounting

question 78

Multiple Choice

Which one of the following is an optional step in the accounting cycle of a business enterprise?

• A) Analyze business transactions
• B) Prepare a worksheet
• C) Prepare a trial balance
• D) Post to the ledger accounts

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Definitions:

Glocalization

The process of firms standardizing their products globally, but using different promotional campaigns to sell them.

Marketing Strategy

A long-term plan designed to achieve a company's marketing goals by understanding customer needs and creating a clear positioning for the product or service.

Economic Trends

The general direction in which an economy is moving, based on statistical measures such as growth rates, inflation, and unemployment.

Social Trends

Patterns of change or stability in societal behaviors, attitudes, and cultural norms over time, which influence various aspects of society such as consumer behavior.