What Is the Effect of an Accrual in Respect of Electricity

question 10

Multiple Choice

What is the effect of an accrual in respect of electricity used during the period on the statement of financial position, the income statement and the cash flow statement?

• A) No effect on the statement of financial position, charge as an expense to the income statement, no effect on the cash flow statement
• B) No effect on the statement of financial position, charge as an expense to the income statement, increase the cash outflows in the cash flow statement
• C) Increase the current liabilities in the statement of financial position, charge as an expense to the income statement, no effect on the cash flow statement
• D) Increase the current assets and current liabilities in the statement of financial position, no effect on the income statement, no effect on the cash flow statement

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Definitions:

Excitatory Postsynaptic Potential

A temporary increase in postsynaptic membrane potential caused by the flow of positively charged ions into the postsynaptic cell.

Presynaptic Neuron

The neuron that sends a signal across a synapse to a target neuron during neurotransmission.

Action Potentials

Rapid electrical impulses that travel along the axon of a neuron, enabling nerve signal transmission.

Terminal Buttons

The small knobs at the end of an axon that release chemicals called neurotransmitters to transmit signals to other neurons.