The Adjustment for Salaries Is Necessary

question 51

Multiple Choice

The adjustment for salaries is necessary

• A) because the employer did not have enough cash to write the paycheques.
• B) to recognize the revenue in the period earned.
• C) to recognize the expense in the period incurred.
• D) None of the above answers are correct.

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Definitions:

Collaboration

The act of working together with one or more individuals to complete a task or achieve a goal.

Exchange

The act of giving one thing and receiving another, especially of the same type or value, in return.

Exchange Tactic

A strategy used in negotiations or interactions, where one party offers something in return for something from the other party.

Explicit Offers

Direct and clear proposals or opportunities presented by one party to another, leaving little to no room for misunderstanding or ambiguity.