Which of the Following Steps Is Performed Last at the End

question 88

Multiple Choice

Which of the following steps is performed last at the end of the year?

• A)Prepare adjusting entries.
• B)Prepare an adjusted trial balance.
• C)Prepare closing journal entries.
• D)Prepare a post-closing trial balance.

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Definitions:

Delegate

To entrust a task or responsibility to another person, typically one who is less senior than oneself.

Inflexibility

The lack of ability or willingness to change or adapt to new circumstances, often hindering progress or innovation.

Bureaucracy

A system of government or business administration characterized by many layers of management, strict policies and rules, and a highly structured organization.

Empower

To give authority or power to individuals or groups, enabling them to take control over their lives or circumstances.