Question: What is the effect of an error in the trial balance on the final accounts?

Options:

1. No effect
2. It will cause the final accounts to be inaccurate
3. It will always lead to a profit
4. It will always lead to a loss

Correct Answer: It will cause the final accounts to be inaccurate

Solution:

An error in the trial balance will cause the final accounts to be inaccurate, as the totals will not match.