Which of the Following Is the Essential Difference Between an Unadjusted

question 91

Multiple Choice

Which of the following is the essential difference between an unadjusted trial balance and an adjusted trial balance?

• A) An unadjusted trial balance is prepared at the start of the accounting year, while an adjusted trial balance is prepared at the end of the year.
• B) An unadjusted trial balance is prepared by companies which make adjusting entries, while an adjusted trial balance is prepared by companies that do not make adjusting entries.
• C) An unadjusted trial balance is prepared before the adjusting entries are reflected, while an adjusted trial balance is prepared after the adjusting entries are reflected.
• D) An unadjusted trial balance is prepared after the post-closing trial balance.

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Definitions:

Bayesian Statistic

A statistical method that applies probability to statistical problems, incorporating prior knowledge as well as new evidence.

Independent Variable

A variable that an experimenter manipulates.

Control Variable

A variable that is kept constant during a scientific experiment to ensure that any changes in the outcome can be attributed to the variables being tested.

Confounding Variable

A variable that influences both the dependent variable and independent variable, causing a spurious association.