The Purpose of the Post-Closing Trial Balance Is To

question 42

Multiple Choice

The purpose of the post-closing trial balance is to:

• A)prove that no mistakes were made.
• B)prove the equality of the permanent account balances that are carried forward into the next accounting period.
• C)prove the equality of the temporary account balances that are carried forward into the next accounting period.
• D)list all the balance sheet accounts in alphabetical order for easy reference.

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Definitions:

Arranging Work

The process of organizing tasks, responsibilities, and timelines to efficiently complete job duties or projects.

Job Design

The process of organizing tasks, responsibilities, and systems to ensure job satisfaction and to maximize employee efficiency and performance.

Job Simplification

A process of breaking down jobs and tasks into simpler, more specialized units to increase efficiency and productivity.

Tardiness And Absenteeism

Refers to the phenomena where employees are consistently late to work (tardiness) or fail to show up for work (absenteeism), which can impact organizational productivity and morale.