Examlex
Downward communication is used to communicate information about all of the following EXCEPT:
Income Tax Expense
The cost to a company for its taxable income, calculated according to the applicable tax laws governing the period.
Accrued Vacation Benefits
The amount of vacation time earned by employees but not yet taken or paid out, often recorded as a liability on the employer's balance sheet.
Adjusting Entry
An accounting entry made in the general ledger to update the book values of assets, liabilities, revenues, and expenses at the end of an accounting period.
Estimated Liabilities
Obligations that a company expects to settle in the future, the amount and/or timing of which are uncertain.
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