Which of the Following Is Not a Useful Step in Finding

question 86

Multiple Choice

Which of the following is not a useful step in finding errors on the trial balance?

• A) Determine the difference between debits and credits and look for the amount.
• B) Determine the difference between debits and credits and change any account to make the trial balance correct.
• C) Determine the difference between debits and credits, divide the amount by 2, and look for the amount.
• D) Determine the difference between debits and credits, divide the amount by 9, and if it divides evenly, look for a transposition or slide error.

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Definitions:

Aggregate Demand

The sum of all demands for goods and services in an economy, measured at a particular price level over a defined time interval.

John Maynard Keynes

An economist from Britain whose concepts revolutionized the field of macroeconomics and also altered the economic policy-making of states.

Government Spending

refers to the total expenditure by a government on goods, services, and public projects, including salaries, infrastructure, and welfare programs.

Depression

A major and lasting slump in economic performance, highlighted by a notable reduction in GDP, increased unemployment rates, and persistent deflation.