Question:Which of the following statements is incorrect concerning the work sheet? 

A The work sheet is essentially a wore king tool of the accountant. 
B The work sheet is distributed to management and other interested parties. 
C The work sheet cannot be used as a basis for posting to ledger accounts. 
D Financial statements can be prepared directly the adjusting entries. 

+ Answer
B 

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Mohammad Towhidul Islam

Editor, VCampus

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