Which one of the following is not a reason for running a post-closing trial balance? Group of answer choicesIt is a check on balances of the temporary accounts to make sure they are zero.It is a check for any outstanding adjusting entries.It is a check on the balances of items the statement of financial position and the general ledger accounts.It is a check on the closing entries that have been posted.

The statement that is not a reason for running a post-closing trial balance is: "It is a check for any outstanding adjusting entries."

Here's why:

1. "It is a check on balances of the temporary accounts to make sure they are zero." - This is a reason for running a post-closing trial balance. Temporary accounts (like revenue, expense, and dividend accounts) should have zero balances after closing entries are made.

2. "It is a check for any outstanding adjusting entries." - This is not a reason for running a post-closing trial balance. Adjusting entries should have been made and posted before the closing entries. Therefore, a post-closing trial balance is not used to check for outstanding adjusting entries.

3. "It is a check on the balances of items the statement of financial position and the general ledger accounts." - This is a reason for running a post-closing trial balance. The post-closing trial balance is used to ensure that the general ledger accounts match the balances reported in the statement of financial position.

4. "It is a check on the closing entries that have been posted." - This is a reason for running a post-closing trial balance. The post-closing trial balance is used to verify that the closing entries have been correctly posted to the general ledger accounts.