Expenses Sometimes Make Their Contribution to Revenue in a Different

question 74

Multiple Choice

Expenses sometimes make their contribution to revenue in a different period than when they are paid. When salaries and wages are incurred in one period and paid in the next period this often leads to which account appearing on the balance sheet at the end of the time period?

• A) Due from Employees.
• B) Due to Employer.
• C) Salaries and Wages Payable.
• D) Salaries and Wages Expense.

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Definitions:

Punishment

The imposition of a penalty or undesirable consequence on an individual or animal in order to decrease the likelihood of a behavior occurring again.

Secondary Reinforcement

A concept in behaviorism where a stimulus reinforces a behavior not because it satisfies a biological need, but because it is associated with a primary reinforcer.

Praise

The expression of approval, commendation, or admiration towards someone or something.

Awards

Recognitions or prizes given for achievement, excellence, or performance in a particular field or discipline.