Which of the Following Is Not a Short-Cut in Finding

question 154

Multiple Choice

Which of the following is not a short-cut in finding errors on the trial balance?

• A) Determine the difference between debits and credits and look for the amount.
• B) Determine the amount and change any account to make the trial balance correct.
• C) Determine the difference between debits and credits, divide the amount by 2, look for the amount.
• D) Determine the difference between debits and credits, divide the amount by 9, if it divides evenly, look for a transposition or slide error.

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Definitions:

Beliefs

A conviction or acceptance that something is true or exists.

Early Payment Discount

A reduction in the amount due for goods or services offered by a seller to buyers who pay their bill before a specified date.

Late Payment Surcharge

A fee imposed for not paying a bill by its due date.

Framing

The manner in which information is presented or communicated, which can influence understanding, decisions, and perceptions.