A Trial Balance Is a Listing of

question 87

Multiple Choice

A trial balance is a listing of

• A) transactions in a journal.
• B) the chart of accounts.
• C) general ledger accounts and balances.
• D) the totals from the journal pages.

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Definitions:

Skepticism

An attitude of doubt or a disposition to incredulity either in general or toward a particular object.

Hindsight Bias

The tendency to perceive events as having been predictable after they have already occurred.

Exaggerate

To describe something in a way that makes it seem larger, better, worse, or more important than it actually is.

Foresight

The ability to anticipate future events, needs, or problems and prepare for them.