Which of the Following Statements Is True About Linked Accounts

question 24

Multiple Choice

Which of the following statements is true about linked accounts for the Payroll module -

• A) the Vacation Payable linked account is not required when all employees are salaried
• B) the Payroll linked bank account is not required when all employees have their pay cheques deposited directly to their bank accounts
• C) none of the linked accounts for Payroll are essential linked accounts that are required to finish the history
• D) the Advances Receivable linked account is an essential account (required to finish the history)

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Definitions:

The Population Bomb

A term popularized by a 1968 book predicting widespread famine and disaster as a result of overpopulation.

Resource Prices

The costs associated with acquiring the inputs needed for production, including materials, labor, and capital.

Widespread Famine

A severe shortage of food across a large geographic area, leading to widespread hunger and malnutrition.

Tragedy Of The Commons

The tendency for commonly owned natural resources to be overused, neglected, or degraded because their common ownership gives nobody an incentive to maintain or improve them.