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:

Maximum Benefit

The highest possible advantage or gain that can be achieved from a particular action or resource.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those presented on a bank statement to ensure consistency and correctness.

Cancelled Checks

Checks that have been processed by the bank, serving as proof of payment or transaction.

Prenumbered Documents

Documents that are sequentially numbered in advance, used to ensure completeness and to prevent fraud or duplication.