The General Term Employed to Indicate an Expense That Has

question 73

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)contra asset.
• B)prepayment.
• C)asset.
• D)accrued.

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Definitions:

IR Spectroscopy

A technique used for identifying and studying chemicals by analyzing the infrared light absorbed, emitted, or scattered by the sample.

O-H Stretch

A vibrational mode in infrared spectroscopy indicating the presence of an O-H bond, useful in identifying alcohols, phenols, and acids.

IR Spectrum

A graph displaying the infrared light absorption of molecules, used to determine molecular structures.

Carboxylic Acid

Organic acids containing a carboxyl group (COOH), which makes them capable of donating a proton (acidic) and forming covalent bonds with metals.