Which of the Following Will NOT Cause a Trial Balance

question 58

Multiple Choice

Which of the following will NOT cause a trial balance to be out of balance?

• A) The balance for the account is incorrectly computed.
• B) A debit entry is posted as a credit.
• C) A credit entry is posted to the wrong account, but still as a credit.
• D) An account is accidentally omitted from the trial balance.

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Definitions:

Implicit Costs

The opportunity costs of using resources that a firm already owns, not involving direct monetary payment.

Road Lane

A specific portion of road or street designated for particular types of vehicles, often marked by lines, intended to manage traffic flow and enhance safety.

Urban Areas

Regions characterized by higher population density and vast human features in comparison to areas surrounding them.

Either-Or Decision

Choices faced by consumers or producers that involve a trade-off between two mutually exclusive options.