Computerized Accounting Programs Have Eliminated the Need to Prepare a Trial

question 107

True/False

Computerized accounting programs have eliminated the need to prepare a trial balance.

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Definitions:

Media

Various means of communication, such as television, radio, newspapers, and the internet, used to disseminate information to a large audience.

General Guidelines

Broad and overall recommendations or rules that provide direction for actions or conduct in a variety of situations.

Incremental Budgets

Budgeting method where the current budget is based on the previous period's budget with adjustments for future growth or decline.

Starting Points

The initial positions or phases from where activities, operations, or analyses begin.