Which of the Following May Cause the Sum of the Debit

question 18

Multiple Choice

Which of the following may cause the sum of the debit column of a trial balance to differ from the sum of the credit column?

• A) Posting the same wrong amount to both sides of the right accounts
• B) Posting an amount to the wrong side of the right account
• C) Posting an amount to the right side of the wrong account
• D) An asset recorded as an expense

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Definitions:

Fiduciary

A person or organization that acts on behalf of another person or persons, putting their clients' interest ahead of their own, with a duty to preserve good faith and trust.

Strategic

Involving the careful planning and management of resources to achieve specific objectives and ensure long-term success.

Ethos of Transparency

A guiding principle that emphasizes openness, communication, and accountability, particularly within organizations and institutions.

Continuous Learning

The ongoing pursuit of knowledge and skills to improve one's competencies, adapt to changes, and foster personal and professional growth.