If the Sum of the Debits and Credits in a Trial

question 95

Multiple Choice

If the sum of the debits and credits in a trial balance is not equal,then

• A)there is no concern because the two amounts are not meant to be equal.
• B)the chart of accounts also does not balance.
• C)it is safe to proceed with the preparation of financial statements.
• D)most likely an error was made in posting journal entries to the general ledger or in preparing the trial balance.

Understand the objectives and approaches of aggregate planning.

Recognize the role of aggregate planning in managing costs, inventory, and production levels.

Identify and differentiate between various aggregate planning strategies including the chase strategy, level scheduling, and mixed strategies.

Knowledge about the application of linear programming and other mathematical models in aggregate planning.

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