The Total of Wage Expense to Employees for the Year

question 3

Multiple Choice

The total of wage expense to employees for the year was $500,000. Wages payable to employees at the beginning of the year were $10,000 and at the end of the year $15,000. Wage expense resulted in cash outflows of?

• A)$500,000
• B)$495,000
• C)$505,000
• D)$510,000

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Definitions:

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The action of copying or mimicking the behaviors, actions, or appearance of others as a means of learning or social interaction.

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