Able Ltd Operates on a Five-Day Working Week

question 11

Multiple Choice

Able Ltd operates on a five-day working week. Employees are paid on Thursday for work completed to Wednesday. The weekly wages bill is $80 000. If 30 June 2019 fell on a Tuesday, what was the accrued wages payable on 30 June 2019?

• A) $16 000
• B) $32 000
• C) $64 000
• D) None of the above

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Definitions:

Attractiveness

A property or quality of someone that evokes interest, liking, or desire based on physical appearance, personality, or other traits.

Person Perception

The process by which individuals form impressions and make judgments about the characteristics and motives of others.

Cognitive Misers

A term describing how individuals prefer to conserve cognitive energy by simplifying complex information and relying on heuristics for decision-making.

Stereotypical

Pertaining to a fixed, overly simplistic, and generalized belief or idea about a particular group of people or thing.