Which of the Following Statements Is Incorrect

question 237

Multiple Choice

Which of the following statements is incorrect?

• A) An adjusted trial balance is a list of accounts and balances prepared after adjusting entries have been recorded and posted to the ledger.
• B) Financial statements should be prepared directly from information in the unadjusted trial balance.
• C) An unadjusted trial balance is a list of accounts and balances prepared before adjustments are recorded.
• D) Financial statements can be prepared directly from information in the adjusted trial balance.
• E) Each trial balance amount is used in preparing the financial statements.

---

Definitions:

Stable Relationships

Relationships characterized by enduring bonds, emotional security, and reliability between individuals.

Heritable Traits

Characteristics or features that are passed from one generation to the next through genes.

Environment

The surrounding conditions in which an organism operates, including natural, social, and cultural factors that affect its life.

IQ Test-takers

Individuals who undergo standardized assessments designed to measure human intelligence and cognitive abilities.