In the Accounting Cycle, the Last Step Is

question 9

Multiple Choice

In the accounting cycle, the last step is

• A) preparing the financial statements
• B) journalizing and posting the adjusting entries
• C) preparing a post-closing trial balance
• D) journalizing and posting the closing entries

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Definitions:

Evaluation Phase

The stage in a process, project, or campaign where outcomes are assessed to determine their success and to inform future actions.

Posttest the Promotion

The process of evaluating the effectiveness of a promotional campaign after its completion to gauge its impact on consumer awareness, perception, and behavior.

Design the Promotion

The process of creating and planning marketing strategies to increase the awareness or sales of a product or service.

State the Mission

involves clearly expressing the purpose, goals, and values of an organization.