Which of the Following Is NOT True About a Trial

question 55

Multiple Choice

Which of the following is NOT true about a trial balance?

• A) A trial balance is strictly an internal document.
• B) A trial balance is used to summarize all of the account balances.
• C) A trial balance shows that the accounting equation is in balance.
• D) A trial balance and a balance sheet are essentially the same document.

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Definitions:

Self-Determination Theory

A theory of motivation that emphasizes the role of intrinsic motivation in driving human behavior and the importance of psychological needs for autonomy, competence, and relatedness.

High Achievement Needs

A personal drive in individuals who seek to achieve excellence, master complex tasks, and set and accomplish challenging goals.

High Affiliation Needs

The strong desire to build and maintain social relationships, be part of a group, and feel connected to others.

Better Performers

Individuals or entities that achieve superior outcomes or excel in their tasks compared to their peers or expected standards.