Which of the following errors in the journal entry will not be detected by trial balance?

a. credits are understand and debits are recorded correctly
b. debits are overstated and the credits are correctly recorded
c. debits are understated and the credits are overstated by different amounts
d. both debit and credit parts are overstated by the same amount

D. both debit and credit parts are overstated by the same amounts

Hourly workers producing products

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.