If a Resource Has Been Consumed but a Bill Has

question 36

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:

Nonverbal Messages

Communication without words, using gestures, facial expressions, and body movements to convey information or feelings.

Verbal Messages

Communication through spoken words, including tone and emphasis, to convey information or express feelings.

Universal

Pertaining to or applicable to all members of a class, group, or whole.

Metacommunication

Communication about communication, which encompasses the context, tone, and nonverbal cues that influence how the message is interpreted.