A Company Makes a Deferral Adjustment That Decreased a Liability

question 245

Multiple Choice

A company makes a deferral adjustment that decreased a liability.This must mean that a(n) :

• A) expense account was decreased by the same amount.
• B) expense account was increased by the same amount.
• C) revenue account was increased by the same amount.
• D) revenue account was decreased by the same amount.

---

Definitions:

Work Interfering

Situations where external factors or personal issues prevent effective job performance or fulfillment of professional responsibilities.

Family Interfering

The process by which familial obligations and relationships hinder or impede one's professional performance or work-life balance.

Flexible Work Arrangements

Work schedules that allow employees variability in terms of hours, locations, and other conditions, aimed at balancing work and personal life.

Incivility

Incivility refers to rude, discourteous, or disrespectful behavior that violates social norms or expectations.