What Liability Account Is Reduced When the Employees Are Paid

question 7

Multiple Choice

What liability account is reduced when the employees are paid?

• A) Income Tax Payable, CPP Payable, EI Payable
• B) Wages and Salaries Expense
• C) Wages and Salaries Payable
• D) Payroll Taxes Payable

---

Definitions:

Strongest Source

The primary or most powerful origin from which something derives or is obtained.

Drives/Needs-Based Theories

A set of theories in psychology that suggest human behavior is motivated by innate drives or needs that must be satisfied.

Expectancy Theory

A motivational theory that suggests an individual's motivation is based on their perceived likelihood that their effort will lead to desired performance and the value of the resulting rewards.

P-to-O Expectancy

The belief that putting effort into a task will lead to achieving a desirable outcome.