All of the Following Statements Regarding a Work Sheet Are

question 24

Multiple Choice

All of the following statements regarding a work sheet are true except:

• A)A worksheet aids in the preparation of financial statements.
• B)A worksheet reduces possible errors when working with many accounts and adjustments.
• C)A worksheet is not useful in planning and organizing an audit of financial statements.
• D)A worksheet helps in preparing interim financial statements.
• E)A worksheet shows the effects of proposed or "what-if" transactions.

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Definitions:

Background

The part of a visual or digital interface behind the main objects, which can affect the overall appearance and readability.

Text

Written or printed words regarded as a piece of work.

Slide Show View

A presentation mode wherein a series of slides are displayed in sequence, commonly used in slideshow presentations.

Black Out Slide

A presentation slide designed to be completely black, often used to focus attention away from the screen and onto the speaker or for dramatic effect.