Which of the Following Situations Violates the Matching Principle During

question 122

Multiple Choice

Which of the following situations violates the matching principle during 2013 for a real estate company that pays its agents on commission?

• A)Sales commissions are charged to expense in 2013 on all sales made in 2013 even though some of the commissions have not been paid.
• B)Insurance expense is recognized for the total cost of a 1-year policy purchased in July 2013.
• C)Wages expense is recognized in 2013 even though payday is not until sometime in 2014.
• D)Sales commissions paid in 2013 for 2014 commissions are recorded as prepaid expenses for 2013.

Comprehend the Elaboration Likelihood Model (ELM) and its application in PR strategies, with the ability to illustrate with examples.

Describe the ROPES process in PR and recognize the critical steps throughout a PR campaign.

Understand the usage, advantages, and disadvantages of surveys in PR research.

Differentiate among commonsense theories, working theories, and scholarly theories.