In Trial Balance,if the Sum of the Debits Is NOT

question 215

Multiple Choice

In trial balance,if the sum of the debits is NOT equal to the sum of the credits,what does this signify?

• A) There is no concern, because the two amounts are not meant to be equal.
• B) The chart of accounts does not balance.
• C) It is safe to proceed with the preparation of financial statements.
• D) An error was probably made in journalizing or posting transactions or in computing the account balance.

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Definitions:

Behavioral Sensitization

The process by which repeated exposure to a stimulus results in the progressive amplification of a response.

Drug-Induced

Conditions or responses caused or triggered by the administration of medication or drugs.

Long-Term Potentiation (LTP)

Long-lasting increase in synaptic effectiveness after high-frequency stimulation.

Long-Term Depression (LTD)

Long-lasting decrease in synaptic effectiveness after low-frequency electrical stimulation.