The Main Reason an Accountant Would Conduct a Trial Balance

question 297

Multiple Choice

The main reason an accountant would conduct a trial balance is to

• A) determine whether account figures in the ledger are correct and balanced.
• B) obtain an estimate of the amount of taxes the firm owes.
• C) ensure the audit was done correctly.
• D) verify the validity of last year's balance sheet before beginning the next accounting cycle.

---

Definitions:

Snake

A long, legless, carnivorous reptile of the suborder Serpentes, known for its slithering movement and often venomous bite.

Frightened

Feeling afraid or anxious as a response to a perceived threat or danger.

Thalamus

Part of the limbic system located in the center of the brain, this structure relays sensory information from the lower part of the brain to the proper areas of the cortex and processes some sensory information before sending it to its proper area.

Cannon-Bard Theory

A theory of emotion that argues physical arousal and emotional experience occur simultaneously but independently.