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16. Is it true that the trial balance totals should agree? Yes, always No, there are sometimes good reasons why they differ No, because it

16. Is it true that the trial balance totals should agree?

  1. Yes, always

  1. No, there are sometimes good reasons why they differ

  1. No, because it is not a statement of financial position
  1. Yes, except where the trial balance is extracted at the year end

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