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:

Unemployment Rate

The percentage of the labor force that is jobless and seeking employment, a key indicator of economic health.

Opportunity Cost

The loss incurred from not choosing the immediate best alternative in the course of decision-making.

Economic Resources

Inputs used in the production of goods and services, often categorized into labor, capital, land, and entrepreneurship.

Economy Experiencing

A term that may refer to the current state or conditions of an economy, including growth, recession, or stability, but does not represent a standard economic term.