If a Resource Has Been Consumed but a Bill Has

question 82

Multiple Choice

If a resource has been consumed but a bill has not been received at the end of the accounting period then

• A) an expense should be recorded when the bill is received.
• B) an expense should be recorded when the cash is paid out.
• C) an adjusting entry should be made recognizing the expense.
• D) it is optional whether to record the expense before the bill is received.

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Definitions:

Inconsistent Parenting

A parenting style characterized by a lack of predictable rules, expectations, or responses, which can lead to confusion and insecurity in children.

Physical Abuse

Involves the infliction of physical harm or injury upon an individual by another, often through hitting, beating, or otherwise exerting physical force.

Antisocial Personality Disorder

A psychological disorder defined by a persistent behavior of ignoring or infringing upon the rights of others over an extended period.

Lithium

Drug used to treat manic and depressive symptoms.