An Adjusting Entry That Credits Salaries Payable Is an Example

question 64

Multiple Choice

An adjusting entry that credits Salaries Payable is an example of a(n) ________.

• A) accrued expense
• B) deferred revenue
• C) accrued revenue
• D) deferred expense

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Definitions:

Structured

Organized in a clear, systematic way, often with a set format or pattern.

Authoritarian

A management approach where a single person makes all the decisions without much contribution from the team members.

Hierarchical

A system in which people or groups are ranked one above the other according to status or authority.

Initiative

the ability to assess and initiate things independently, often leading to new ideas or actions without being directed.