Which TWO of the following are reasons for producing a trial balance?
A: To check if certain errors have been made when recording transactions
B: To provide a convenient basis for drafting the financial statements
C: To ensure that all transactions have been recorded
D: To check that all transactions have been accurately recorded
A: To check if certain errors have been made when recording transactions
B: To provide a convenient basis for drafting the financial statements
C: To ensure that all transactions have been recorded
D: To check that all transactions have been accurately recorded
举一反三
- Which of the following is provided by a trial balance in which total debits equal total credits? A: Proof that no transaction was completely omitted from the ledger during the posting process. B: Proof that the correct debit or credit balance has been computed for each account. C: Proof that the ledger is in balance. D: Proof that transactions have been correctly analyzed and recorded in the proper accounts.
- Which ONE of the following is NOT a reason for producing a trial balance? A: To help with the preparation of the financial statements B: To identify if there are any errors of principle C: To help summarise the accounting transactions to date D: To identify if there are any errors of single entry
- Deposits that have been recorded on the book, but have not yet been recorded by the bank are:
- Which of the following transactions would be recorded under accrual accounting but NOT under cash-basis accounting?
- Which of the following is required to ensure the completion of all tests within the automated procedure of thecluster test tool?() A: Application monitoring has been configured B: Only disk heartbeat networks have been used C: Cluster nodes are attached to two IP networks D: Resource Group dependencies have been configured