A Trial Balance Is Aan)

question 84

Multiple Choice

A trial balance is aan)

• A)optional financial statement used only by accountants.
• B)device used to prove the equality of debits and credits in the general ledger.
• C)list of accounts and their balances taken from the chart of accounts.
• D)financial statement which can be used in place of a balance sheet.

---

Definitions:

Operations Management

The administration of business practices to create the highest level of efficiency within an organization.

Productive Enterprise

An organization engaged in the production of goods or services that aims to achieve high efficiency and productivity.

Service Sector

A segment of the economy that involves providing services rather than producing goods, including sectors like retail, education, healthcare, and financial services.

Productivity

The measure of how efficiently resources, such as labor and capital, are used to produce goods and services.