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Horst Works as an Accountant for a Mid-Sized Retail Store

Question 139

Multiple Choice

Horst works as an accountant for a mid-sized retail store.He has just completed a trial balance that turned up no unexpected problems.Horst's next major task is likely to be:


A) taking a well-deserved vacation,since he has just finished the last step in the accounting cycle for the current period.
B) preparing the store's balance sheet and other major financial statements.
C) preparing a tax return for the company.
D) conducting the full audit.

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