A Post-Closing Trial Balance Could Include All of the Following

question 10

Multiple Choice

A post-closing trial balance could include all of the following accounts except the:

• A)Accounts Receivable account.
• B)Fees Income account.
• C)owner's capital account.
• D)Cash account.

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Definitions:

Tariffs

Taxes imposed by a government on imports or exports of goods.

Operations Management Strategy

A plan for designing, operating, and improving the processes that create and deliver goods and services.

Multinational Organizations

Corporations or enterprises that manage production or deliver services in more than one country, operating across national borders.

Indirect Costs

Expenses that are not directly attributable to a specific product or service but are necessary for the general operation of a business, such as utilities, rent, and administration.