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:

Document Signing

The act of officially endorsing a document through a handwritten or digital signature, signifying agreement or approval.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by the party to be charged, to be enforceable.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to another party, if the latter has reasonably relied on that promise to their detriment.

Preliminary Performance

Initial actions or activities undertaken before the main performance, often to prepare or test.