Which of the Following Statements Is True

question 11

Multiple Choice

Which of the following statements is true?

• A)If the trial balance is in balance, it proves that no errors have been made in recording and posting transactions.
• B)The trial balance is a book of original entry.
• C)Another name for the trial balance is the chart of accounts.
• D)The trial balance is a list of all accounts from the ledger with their balances at a point in time.
• E)The trial balance is another name for the balance sheet as long as debits balance with credits.

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Definitions:

Nonfunctional Organelles

Components within a cell that are no longer active or serving their purpose.

Lysosomes

Membrane-bound organelles containing enzymes that break down waste materials and cellular debris.

Mitochondria

Organelles found in the cytoplasm of most cells, involved in the production of ATP through the process of oxidative phosphorylation.

Lysosomal Enzyme

Enzymes found within lysosomes that are responsible for breaking down waste materials and cellular debris.