What is the major difference between the Unadjusted Trial Balance and the Adjusted Trial Balance?
A) The Adjusted Trial Balance will show the net income (loss) as an additional account.
B) Both will need to be in balance in order to continue with the end-of-period processing
C) The Adjusted Trial Balance includes the postings of the adjustments for the period in the balance of the accounts.
D) The Unadjusted Trial Balance will be used to record the adjustments for the period.
C
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As manager, you would like to maintain the portfolio's dollar duration at the initial level by rebalancing the portfolio. You choose to rebalance using the existing security proportions of one-third each. Calculate:
A. the dollar durations of each of the bonds. B. the rebalancing ratio necessary for the rebalancing. C. the cash required for the rebalancing.
Referring to the Allard article on Immigration Patterns: The Transition Process, which of the following statements is not true?
a. Immigrants can contribute to the U. S. economy because some can fill jobs for which there are not enough qualified Americans, such as in medicine and science. b. Today, few immigrants to the U.S. experience some form of discrimination. c. The Immigration Reform and Control Act of 1986 levies fines and even jail time on employers who repeatedly hire illegal workers. d. In 2010, it is estimated that undocumented immigrants in the U.S. paid $11.2 billion in federal, state and local taxes