Which of the Following Is Least Likely to Be a Destination

question 74

Multiple Choice

Which of the following is least likely to be a destination store?

• A) A convenience shop in a hotel
• B) A building supplies store
• C) A home electronics store
• D) An IMAX cinema
• E) A new car dealership

---

Definitions:

Accrued Expense

An expense that has been incurred but not yet paid or recorded in the accounting records.

Annual Property Taxes

Taxes levied by local governments on the value of real estate property, paid yearly by the property owners.

Paid

Refers to the status of having settled an obligation or receiving compensation for services or goods.

Accrued Revenue

Represents income that has been earned but not yet received or recorded at the statement date.