If Wages and Salaries Payable Is Debited, What Account Would

question 88

Multiple Choice

If Wages and Salaries Payable is debited, what account would most likely be credited?

• A) Cash
• B) Pre-Paid Payroll Expense
• C) Payroll Expense
• D) SUTA Payable

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Definitions:

Analytic Postoptimality

Analysis performed after an optimal solution has been found, to understand how changes to the parameters affect the solution's optimality.

Sensitivity Analysis

An analysis that projects how much a solution may change if there are changes in the variables or input data.

Linear Programming

A mathematical modeling technique used to achieve the best outcome in a mathematical model whose requirements are represented by linear relationships.

Objective Function

A mathematical function that represents the goal or objective of an optimization problem, typically to maximize or minimize some quantity.