A trial balance: a. Demonstrates the lack of fraud in the AIS if its debits equal its

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A trial balance:

a. Demonstrates the lack of fraud in the AIS if its debits equal its credits.

b. Can be prepared only at the end of the accounting period.

c. Is another name for the balance sheet.

d. Proves the equality of debits and credits in the ledger, but does not guarantee an error free AIS.

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Accounting Information Systems

ISBN: 12

2nd Edition

Authors: Robert Hurt

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Question Posted: May 21, 2024 06:01 AM

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A trial balance: a. Demonstrates the lack of fraud in the AIS if its debits equal its

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Accounting Information Systems

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