If a Company Has No Salaries and Wages Payable on Its

question 222

Multiple Choice

If a company has no Salaries and Wages Payable on its balance sheet,then one may conclude that:

• A) there are salaries and wages to be paid in next period.
• B) no salaries and wages were paid in the current period.
• C) Salaries and Wages Expense was greater than the cash paid for wages during the period.
• D) the salaries and wages were paid in advance.

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Definitions:

Resident Assistant

A trained peer leader who supervises and assists residents, particularly in college dormitories, with daily life and activities.

Empathy

Understanding and having compassion for others.

Sympathy

A feeling of pity or sorrow for the distress of others; understanding or empathizing with someone else's emotional experiences.

Sexual Harassment

Unwanted sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature.