Which of the Following Accounts Would Be Used Under the Accrual

question 23

Multiple Choice

Which of the following accounts would be used under the accrual basis of accounting, but not under the cash-basis of accounting?

• A)cash
• B)unearned revenue
• C)equipment
• D)salary expense

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Definitions:

Aptitude Test

A standardized assessment designed to measure an individual's potential to acquire skills and knowledge.

Prior Academic Achievement

The academic successes or accomplishments a student has achieved in their past educational endeavors.

Achievement Test

An achievement test is designed to assess a person's level of skill or knowledge in a specific area, typically used in educational settings.

Least Restrictive Environment

A principle in special education that requires students with disabilities to be educated in the setting that is as similar as possible to the one in which non-disabled students are educated.