Which of the Following Statements About the Adjusted and Post-Closing

question 146

Multiple Choice

Which of the following statements about the adjusted and post-closing trial balances is correct?

• A)The adjusted trial balance is prepared after the financial statements to verify that the numbers are accurate.
• B)The primary purpose of the post-closing trial balance is to see whether revenues are greater than expenses.
• C)The post-closing trial balance is a check that the accounting records are still in balance after posting all closing entries to the accounts.
• D)The post-closing trial balance debit column total is the amount to be shown as Total Assets on the Balance Sheet.

---

Definitions:

Bona Fide Occupational Qualification

A work requirement that is essential for the performance of a job, even if it appears to be discriminatory, because it relates directly to the core operations of the business.

Discriminate

To treat someone differently or less favorably on the basis of certain characteristics, such as race, gender, or disability, which is often considered unlawful.

Federal EEOC

The U.S. Equal Employment Opportunity Commission, a federal agency that enforces civil rights laws against workplace discrimination.

State EEOC

State level branches of the Equal Employment Opportunity Commission that handle discrimination complaints and issues.