Which of the Following Describes an Accrued Expense

question 179

Multiple Choice

Which of the following describes an accrued expense?

• A)Incurred but not yet paid or recorded.
• B)Paid and recorded in an asset account after they are used or consumed.
• C)Paid and recorded in an asset account before they are used or consumed.
• D)Incurred and already paid or recorded.

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Definitions:

Criterion-referenced Scale

An assessment tool that measures an individual's performance against a predefined set of criteria or standards rather than compared to other individuals.

Individual's Ability

The capability or skill possessed by a person to perform a specific task or activity.

Measures

Tools or instruments used in research to quantify or qualify variables of interest.

Coefficient Alphas

A statistical measure used to assess the reliability or internal consistency of a test or scale.