Preparing a trial balance is an example ofSelect one:a.corrective controlb.accounting controlc.preventive controld.detective controlClear my choice
Question
Preparing a trial balance is an example ofSelect one:a.corrective controlb.accounting controlc.preventive controld.detective controlClear my choice
Solution
The correct answer is b. Accounting Control.
Preparing a trial balance is an example of an accounting control. This is because a trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that should match. If the two totals do not agree, an error has been made, either in the journals or during the posting process. The
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