When the Current Year's Unaudited Trial Balance Amounts Are Compared

question 33

Multiple Choice

When the current year's unaudited trial balance amounts are compared to the prior year's audited trial balance amounts,

• A)errors are identified.
• B)discrepancies are discovered.
• C)irregularities become apparent.
• D)significant changes in balances are highlighted.

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Definitions:

High Cost

A situation or item that requires a substantial amount of financial resources or expenditure.