What Is True About the Trial Balance

question 55

Multiple Choice

What is true about the trial balance?

• A)The total of the debits must equal the total of the credits.
• B)It contains a detailed listing of every transaction during a period.
• C)Payroll accounts do not appear on the trial balance because of their changeable nature.
• D)It may contain whatever accounts the accountant wishes to include.

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Definitions:

Union Organizing

The process by which workers come together to form a labor union in order to negotiate collectively with their employer.

Collective Bargaining

A process where employers and representatives of workers negotiate terms of employment, such as wages, hours, and workplace conditions.

National Unions

Organizations that represent the collective interests of workers across a specific nation, advocating for better wages, working conditions, and rights.

Change to Win

A coalition of American labor unions formed to reorganize union movement structure and priorities, focused on strategic organization and growth in key industries.