Which of the Following Is the Usual Final Step in the Accounting

question 52

Multiple Choice

Which of the following is the usual final step in the accounting cycle?

• A) Journalizing transactions.
• B) Preparing an adjusted trial balance.
• C) Preparing a post-closing trial balance.
• D) Preparing the financial statements.
• E) Preparing a work sheet.

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Definitions:

Logical True

An assertion or condition in logic that is considered to be true or affirmative in the context of boolean algebra.

Immediate I/O Instruction

An immediate I/O instruction in programmable logic controllers (PLCs) executes input or output operations instantly, bypassing the usual scan cycle sequence for real-time response.

Program

A set of instructions written in a programming language that is executed by a computer or control system to perform specific tasks or operations.

Critical I/O Devices

Input/output devices deemed essential for the operation of a system, whose failure could compromise the system's functionality.