Preparation of a Trial Balance Is the First Step in Processing

question 139

True/False

Preparation of a trial balance is the first step in processing a financial transaction.

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Definitions:

Appeal to Ignorance

A logical fallacy where it's claimed that something is true simply because it has not been proven false, or vice versa.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Stupid Person

A derogatory term used to describe someone perceived as lacking intelligence or common sense; however, it's subjective and potentially offensive.

Hasty Generalization

A generalization is made from a sample that is too small or biased.