If the sum of the debits and credits in a trial balance is not equal, then
a. there is no concern because the two amounts are not meant to be equal.
b. the chart of accounts also does not balance.
c. it is safe to proceed with the preparation of financial statements.
d. most likely an error was made in posting journal entries to the general ledger or in preparing the trial balance.
d
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A low-cost leader can translate its low-cost advantage over rivals into superior profit performance by
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Indicate whether the statement is true or false.