A trial balance is a(an)
a. optional financial statement used only by accountants.
b. device used to prove the equality of debits and credits in the general ledger.
c. list of accounts and their balances taken from the chart of accounts.
d. financial statement which can be used in place of a balance sheet.
b
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______ was passed to significantly limit the potential for railroad strikes to affect interstate commerce; it was later expanded to include airlines.
A. The Railway Labor Act of 1926 (RLA) B. National Labor Relations Act of 1935 (NLRA—Wagner Act) C. Worker Adjustment and Retraining Notification Act of 1988 (WARN) D. Labor Management Relations Act of 1947 (LMRA—Taft-Hartley Act)
If a company erroneously records a $500 deposit as $50 in its records, which of the following must occur when reconciling its bank statement?
A) The company must increase the balance per its records by $500. B) The company must increase the balance per its records by $450. C) The company must decrease the balance per its records by $500. D) The company must decrease the balance per its records by $450.
Marketing automation systems are software tools that seek to automate tasks such as tracking
sales leads and forecasting sales. Indicate whether the statement is true or false
If modifications are made to the code in a package body, the status of dependent objects is changed to INVALID.
Answer the following statement true (T) or false (F)