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To Make Sure That an Error Was Not Made in the Closing

question 142

Essay

To make sure that an error was not made in the closing process,compare the Adjusted Trial Balance to the Post-Closing Trial Balance.List the three items that need to be considered in order to complete the step.


Definitions:

Copyright

A grant from a governmental authority that provides the creator of intellectual property with ownership of it for a specified period of time, currently the life of the creator plus 70 years.

Open System

Refers to a computing system that provides an environment which supports applications and services that are interoperable and can be easily integrated into other systems.

OS

Short for Operating System, it is the software that manages hardware resources and provides common services for computer programs.

Input Technology

Refers to the devices or methods used to enter data into a computer system or other machine, such as keyboards, mice, and touch screens.

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