The General Term Employed to Indicate an Expense That Has

question 70

Multiple Choice

The general term employed to indicate an expense that has not been paid or revenue that has not been received and has not yet been recognized in the accounts is a(n)

• A)contra asset.
• B)prepayment.
• C)asset.
• D)accrual.

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Definitions:

Causal

Pertaining to a cause-and-effect relationship, where one event is understood to be the result of the occurrence of the other event.

Third Variable Problem

An issue in research where an unaccounted-for variable may be influencing the relationship between two variables, confounding the results.

Ice Cream Cones

Edible cones made of pastry, typically filled with ice cream.

Murders

The unlawful premeditated killing of one human being by another.