Which of the Following Accounts Was Created as the Result

question 55

Multiple Choice

Which of the following accounts was created as the result of an accrual for expenses?

• A)Prepaid rent
• B)Unearned revenues
• C)Accounts receivable
• D)Interest payable

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Definitions:

Conflict and Chaos

Situations or periods marked by disagreement, disarray, and lack of order, which can lead to stress and dysfunction.

Communication

The exchange of information, thoughts, or messages through speech, signals, writing, or behavior.

Norming Stage

A phase in group development where members resolve conflicts and develop closer relationships and cohesion.

Hierarchical Organization

An organizational structure where entities are ranked one above the other according to authority or status.