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Regarding ethics and values in social work evaluation, all of the following are true except :
Estimated Items
Financial statement items that require a degree of estimation by management to determine the appropriate values to record.
Prepaid Assets
Expenses paid in advance which are recorded as assets because they provide future economic benefits to the company.
Trial Balance
A bookkeeping report that lists the balances in each of an organization's general ledger accounts at a specific time.
General Ledger
The primary accounting record of a company that contains all the financial accounts and transactions of a business.
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