Which of the following companies would be least likely to use a worksheet to facilitate the adjustment process?
A) Large company with numerous accounts
B) Small company with numerous accounts
C) All companies since worksheets are required under generally accepted accounting principles
D) Small company with few accounts

Question

Quizplus · Accepted Answer

A smaller company with fewer accounts may not require a worksheet to facilitate the adjustment process as the number of accounts is small enough to track without the use of a worksheet. While worksheets are not required under generally accepted accounting principles, they are commonly used to help with the adjustment process, especially for larger companies with numerous accounts that can become more complex to manage without a clear organizational tool.

Which of the Following Companies Would Be Least Likely to Use