Which of the Following Is an Example of an Accrued

question 49

Multiple Choice

Which of the following is an example of an accrued liability?

• A)Accounts payable.
• B)Notes payable.
• C)Prepaid insurance.
• D)Interest payable.

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Definitions:

Certified

Having official recognition or guaranteed conformance to specified standards, often through the completion of a testing or evaluation process.

Authorization Cards

Documents signed by employees to indicate their wish to be represented by a union in dealings with their employer.

Card-Check

A method used in labor relations where employees can form a union by signing cards stating they wish to be represented, bypassing a secret ballot election.

Mandatory Unionization

A policy requiring employees in a particular workplace or sector to join a union as a condition of employment.