If the Balance Sheet Columns of a Work Sheet Fail

question 95

Multiple Choice

If the Balance Sheet columns of a work sheet fail to balance when the amount of the net income is added to the Balance Sheet Credit column,the cause could be:

• A)An expense amount entered in the Balance Sheet Debit column
• B)A revenue amount entered in the Balance Sheet Credit column
• C)An asset amount entered in the Income Statement Debit column
• D)A liability amount entered in the Income Statement Credit column
• E)An expense amount entered in the Balance Sheet Credit column

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Definitions:

Sample Size

The number of subjects or units included in a study or analysis.

Independent-Means T Test

An analytical technique employed to assess if the averages of two distinct groups differ significantly in a statistical context.

Elements

The basic constituents of a data set, or the simplest units of which a substance or system is composed.

Effect Size

Effect size is a quantitative measure of the strength of a phenomenon, indicating the magnitude of a relationship or difference between groups in a statistical analysis.