Which of the Following Accounts Is Used to Initially Record

question 30

Multiple Choice

Which of the following accounts is used to initially record a deferral?

• A)Interest payable.
• B)Interest revenue.
• C)Supplies.
• D)Supplies expense.

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Definitions:

Diffusion of Innovations

Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideas and technology spread within cultures and societies, from inception to widespread adoption.

Maintenance

The work required to keep something, such as a building, machine, or system, in good working order or condition.

Implementation

The process of putting a decision or plan into effect; the execution of a policy, program, or project.

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Competencies required to facilitate change, including leadership, influence, negotiation, and implementation strategies.