Match Each of the Following Current Liabilities with Its Meaning

question 27

Multiple Choice

Match each of the following current liabilities with its meaning.
-Social security and medicare taxes owed.

• A)Account payable
• B)Note payable
• C)Wages payable
• D)Interest payable
• E)Sales taxes payable
• F)FICA taxes payable
• G)Unemployment taxes payable
• H)Unearned sales revenues
• I)Estimated warranty liability

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Definitions:

Intrinsic Motivation

A person’s beliefs about the extent to which an activity can satisfy his or her needs for competence and self-determination

Empowerment

The process of increasing the capacity of individuals or groups to make choices and transform those choices into desired actions and outcomes.

Motivate Another Person

The act of encouraging or inspiring someone to act or behave in a certain way to achieve a goal.

Two-factor Theory

A psychological theory proposed by Herzberg that distinguishes between factors that cause job satisfaction (motivators) and those that cause dissatisfaction (hygiene factors) at work.