Which of the Following Is an Example of an Adjusting

question 128

Multiple Choice

Which of the following is an example of an adjusting entry?

• A) Recording the payment of year-end dividends.
• B) Recording the receipt of inventory in the last week of the year that will be paid next year.
• C) Recording the salary expense earned in the last week of the year, to be paid next year.
• D) Recording the increase in the market value of land.

---

Definitions:

Measurable Goals

Objectives that can be quantified or assessed, typically involving specific targets and timelines to facilitate tracking progress and achievement.

External Adaptation

The process by which organizations or individuals adjust and respond to changes in the external environment to survive and thrive.

Entrepreneurial Cultures

Organizational environments that promote innovation, risk-taking, and proactive pursuit of opportunities.

Mid-Sized Companies

Businesses that occupy the middle ground in terms of their revenue, number of employees, and overall market presence, between small and large companies.