The post-closing trial balance contains only asset, liability, ...

[drink]

The post-closing trial balance contains only asset, liability, and revenue accounts.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Although both paper and witness testimony can serve as evidence, paper is the more critical of the two in a direct method case because a witness
 
  A) provides a greater level of objectivity.
  B) can be self-serving.
  C) cannot change his/her mind.
  D) is more persuasive.

[Jayson]

Answer to Question 1

False

Answer to Question 2

B
Explanation: B) Although both paper and witness testimony can serve as evidence, paper is the more critical of the two in a direct method case because a witness can be self-serving.

[drink]

Thanks for the timely response, appreciate it

[Joy Chen]

Great answer, keep it coming