MCQOPTIONS
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| 1. |
If debit balances = credit balances, trial balance only shows or checks the _________ and it does not indicate that no errors were made during recording and posting. |
| A. | Arithmetic accuracy |
| B. | Errors of commission |
| C. | Omissions of economic events |
| D. | Understatements of balances |
| Answer» B. Errors of commission | |