Which of the Following Is Not an Accrual

question 102

Multiple Choice

Which of the following is not an accrual?

• A)Crediting salaries payable for salaries earned to date.
• B)Debiting interest receivable for interest earned to date.
• C)Debiting interest expense for interest incurred to date.
• D)Debiting depreciation expense for depreciation incurred during the period.

Comprehend the ethical implications associated with the use of power and influence.

Understand the role of leadership in influencing and guiding team efforts.

Understand the role and effects of neuroleptic drugs in treating psychiatric conditions.

Comprehend the purpose and outcomes of electroconvulsive therapy (ECT).

---

Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.

Adverse Selection

A situation in which one party in a transaction has more or better information than the other, leading to an imbalance and potentially unfair outcomes.

Insured Drivers

Individuals who have obtained an insurance policy that covers them against financial loss or liability resulting from car accidents or theft.

Allocative Efficiency

The state of resource allocation where goods and services are distributed according to consumer preferences and utility maximization.