A worksheet is a:
A)formal document shown with a company's annual report.
B)formal document required by the Canada Revenue Agency.
C)formal document required by creditors.
D)multicolumn document used by accountants to aid in the preparation of the financial statements.

Question

Quizplus · Accepted Answer

Worksheets are multicolumn documents used by accountants to organize, adjust, and correct data before preparing the official financial statements. They are not typically formal documents required by external entities but are tools for internal use.

A Worksheet Is A