Which of the Following Is an Example of a Deferral

question 55

Multiple Choice

Which of the following is an example of a deferral adjusting entry?

• A)Accrued expense
• B)Accrued revenue
• C)Prepaid expense
• D)All of these choices are correct.

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Definitions:

Source A

A specific origin from which materials, services, or information are obtained.

Source B

This does not appear to represent a standard key term within common academic or technical contexts. Therefore, NO.

Capacity

The maximum amount that something can contain or produce, often used in reference to production and manufacturing facilities, systems, and services.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a specified time period.