Which of the Following Statements Is Incorrect

question 125

Multiple Choice

Which of the following statements is incorrect?

• A) An unadjusted trial balance is a list of accounts and balances prepared before adjustments are recorded.
• B) An adjusted trial balance is a list of accounts and balances prepared after adjusting entries have been recorded and posted to the ledger.
• C) Each trial balance amount is used in preparing the financial statements.
• D) Financial statements should be prepared directly from information in the unadjusted trial balance.
• E) Financial statements can be prepared directly from information in the adjusted trial balance.

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Definitions:

Zygote

The initial cell formed when a sperm cell unites with an egg cell, representing the first stage in the development of a new organism.

Blastopore

The initial opening formed during early embryonic development that can develop into either the mouth or anus in animals.

Archenteron

The central cavity of the gastrula stage of embryonic development that is lined with endoderm; primitive digestive system.

Endoderm Layer

The innermost layer of cells or tissues in an embryo that gives rise to the lining of the gastrointestinal tract and associated organs.