Which of the Following Statements Is True of a Trial

question 45

Multiple Choice

Which of the following statements is true of a trial balance?

• A)A trial balance is the first step in the accounting cycle.
• B)A trial balance is also known as a balance sheet.
• C)A trial balance is a list of all accounts with their balances.
• D)A trial balance is also known as the chart of accounts.

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Definitions:

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The ability of devices to connect to the internet or other networks wirelessly, especially through mobile telecommunications.

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A series of steps or stages that lead to making a choice or finding a solution among several alternatives.

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Mobile Communication

The transmission of information over a distance without the need for wires, cables, or other physical connections, typically using mobile devices.