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O-LevelAccountingVerification of accounting records7707/11 · May/June 2022 · Q81 Mark

Which statement about a trial balance is correct?

AIt assists in locating arithmetical errors in the book-keeping records.
BIt is proof that the entries in the ledger accounts are free from error.
CIt reveals all book-keeping errors.
DIt shows ledger account errors only.

✓ Correct answer

A: It assists in locating arithmetical errors in the book-keeping records.

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About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2022 Paper 1 Variant 1, question 8.

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