If the Pay Period Does Not Coincide with the End

question 51

Multiple Choice

If the pay period does not coincide with the end of the accounting period, which of the following is true?

• A)Payroll entries are not made until payroll is paid.
• B)Payroll payable must be accrued.
• C)Overtime must be recalculated.
• D)None of the answer choices is correct.

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Definitions:

Artificialism

In the context of developmental psychology, it is the belief common in children that the environment and its features are created by human beings.

Symbolic

Pertains to the use of symbols, signs, or objects to represent ideas or concepts, a fundamental aspect of human communication and thought.

Dreams

A series of thoughts, images, and sensations occurring in a person's mind during sleep.

Egocentrism

In developmental psychology, a phase where a child is unable to differentiate between their own perspective and that of others, often observed in early childhood.