A List of All Accounts and Their Balances After Posting

question 156

Multiple Choice

A list of all accounts and their balances after posting closing entries is referred to as:

• A)A trial balance.
• B)An adjusted trial balance.
• C)A post-closing trial balance.
• D)An accounting trial balance.

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Definitions:

Organization Structure

The system of tasks, workflows, reporting relationships, and communication channels that link together the work of diverse individuals and groups.

Lines Of Command

The hierarchical structure within an organization that dictates who is in charge of whom and who makes decisions.

Critical Thinking

The ability to evaluate evidence completely and objectively in order to form logical conclusions and make sound recommendations.

Evaluate Evidence

The process of examining and assessing information or data to form a judgment or conclusion.