Which of the Following Is Not an Advantage of Preparing

question 17

Multiple Choice

Which of the following is not an advantage of preparing an adjusted trial balance?

• A) It verifies that the debits equal the credits in the ledger after the preparation of the adjusting entries.
• B) It reduces the possibility of errors being carried forward from the ledger into the accounting reports.
• C) It is a shortcut which means that the adjusting entries do not have to be entered into the ledger.
• D) It assists in the preparation of the financial statements.

---

Definitions:

Longitudinal Research

A research design that involves repeated observations of the same variables over a period of time, extending from months to years.

Cross-Sectional

This observational study method examines data collected from a whole population or a selected portion of it at one specific time.

Basic

Basic commonly refers to something that forms an essential foundation or starting point; fundamental.

Initiative Versus Guilt

A stage in Erik Erikson's theory of psychosocial development, where children age 3-6 years face the challenge of starting tasks and carrying out plans, or feeling guilty about efforts to be independent.