Which of the following would cause a trial balance to be out of balance?
A. A transaction was posted to the wrong accounts.
B. Only the credit portion of a transaction was recorded.
C. A transaction was recorded twice.
D. A transaction was not recorded.
Answer: B
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The ________ is a statistic summarizing the strength of association between two metric variables
A) multiple regression analysis B) partial correlation coefficient C) ANOVA D) product moment correlation
For accounting information to be useful, it must be both relevant and conservative
Indicate whether the statement is true or false
Why is government regulation necessary to protect consumers from unfair business practices?
What will be an ideal response?
Damages that will be paid on a breach of contract that are established in advance are known as ________
A) contemptuous damages B) aggravated damages C) installment damages D) liquidated damages