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Dr. Frederick is developing a new test for binge eating disorders. She finds that people who score high on the test engage in more binge eating and other forms of abnormal eating behaviors than people who score low on the test. These results indicate that the test has ____.
Journalizing
The act of recording business transactions in the journal, forming the initial step of the accounting cycle.
Posting Process
The act of transferring entries from a journal to the corresponding accounts in the ledger.
Balance Incorrectly
This term does not align with a standard accounting key term, so its accuracy as a finance or accounting term is questionable. NO.
Trial Balance
A tabulation for accounting purposes where all ledger balances are gathered, displaying equal totals in both debit and credit sections.
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