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Which one of the following measures is relevant to the systematic risk principle?
Salaries and Wages Payable
Liabilities arising from employees' salaries and wages that have been earned but not yet paid.
Adjusting Entry
A journal entry made at the end of an accounting period to allocate income and expenditures to the correct periods.
Supplies Account
An account that tracks the cost of supplies used or on hand during an accounting period.
Inventory
The total amount of goods held by a company for the purpose of resale or production.
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