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:

Opportunity Cost

The opportunity cost is the value of the best alternative forgone when a decision is made to take a specific action, representing the trade-offs inherent in every decision.

Regions

Geographical areas defined by specific characteristics, boundaries, or features that set them apart from other areas.

Misallocation

Inefficient distribution or use of resources, often resulting in reduced economic efficiency or productivity.

Improved Quality

Enhancements or upgrades to the standards of products, services, or processes to exceed previous benchmarks.