Which of the Following Transactions Does Not Create a Deferral

question 94

Multiple Choice

Which of the following transactions does not create a deferral?

• A)Paying cash to purchase a three-month insurance policy.
• B)Receiving cash from a customer for services to be provided in the future.
• C)Paying cash to employees for wages they have earned.
• D)Paying cash to purchase a two-month supply of office supplies.

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Definitions:

Hypnotic Treatment

A therapeutic technique involving hypnosis to alter a person's consciousness, perceptions, sensations, and behavior.

Vital Energy

A concept in various philosophies and medicines that considers the force or energy as a vital principle essential for the existence of life.

Traditional Chinese Medicine

An ancient healthcare system from China involving techniques like acupuncture, herbal remedies, and cupping therapy to balance the body's chi.

Veterinary Health Care

Medical practices and treatments provided to animals by veterinarians, including preventative care, diagnosis, and surgery.