The Two Optional Steps in the Accounting Cycle Are Preparing

question 168

Multiple Choice

The two optional steps in the accounting cycle are preparing

• A)a post-closing trial balance and reversing entries.
• B)a worksheet and a post-closing trial balance.
• C)reversing entries and a worksheet.
• D)an adjusted trial balance and a post-closing trial balance.

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Definitions:

Subtle

Describing something so delicate or precise as to be difficult to analyze or describe; often implies complexity.

Spatial Reasoning

The ability to understand, reason, and remember the spatial relations among objects or space.

Replicable

Capable of being repeated or duplicated under similar conditions, a critical criterion for scientific research to verify results.

Double-blind Study

A research method in which neither the participants nor the researchers know who is receiving the experimental treatment, to prevent bias.