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    4. ESIC Part B
    5. A trial balance is a

    Question

    A trial balance is

    a
    A real account Correct Answer Incorrect Answer
    B nominal account Correct Answer Incorrect Answer
    C list of balances Correct Answer Incorrect Answer
    D none of these Correct Answer Incorrect Answer

    Solution

    Trial balance is a statement that lists all the accounts and their balances at a given point in time. It is prepared by a company's accountants or bookkeepers as a part of the accounting cycle.

    Practice Next
      More ESIC Part B Questions
    • Which of the following describes the role of a manager as a disturbance handler in decision-making?

    • Which of the following decision theory is concerned with how people actually make decision?

    • Which of the following type of decision making would involve the use of lists to note down the pros and cons?

    • Why is it essential to consider the urgency of the problem when identifying it?

    • Programmed decisions address the _________ problems.

    • The decision of NABARD to introduce a Farmer Distress Index is an _________

    • A manager relying on previous successful decisions to make current decisions may be influenced by which bias?

    • What is the significance of involving relevant stakeholders in problem identification?

    • After a below normal monsoon season, the farmers suffered loss in the actual harvest for the year. The government released relief package for the farmer...

    • Non-Programmed decisions address the _________ problems.

    Relevant for Exams:

    • UPSC EO/AO

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