Which One of the Following Errors Causes Net Income to Be

question 13

Multiple Choice

Which one of the following errors causes net income to be understated?

• A) Failure to record wages employees have earned but not yet been paid
• B) Failure to record depreciation expense
• C) Failure to record collection of accounts receivable
• D) Failure to record revenue earned but not billed

---

Definitions:

Agitation

A state of anxiety or nervous excitement, typically manifesting in physical movements or verbal outbursts.

Scheduled Services

Planned and organized activities or appointments that occur at specific times, often part of a routine or program.

Eye-To-Eye Contact

The act of two individuals looking directly into each other’s eyes during a conversation, signifying attention, respect, or social connection.

Native American Tribes

Refers to the indigenous peoples in the United States, recognized as sovereign entities with their own distinct cultures, languages, and histories.