Which One of the Following Is an Example of an Accrued

question 209

Multiple Choice

Which one of the following is an example of an accrued liability?

• A)Rent that has been incurred, but have not been paid at the end of the period.
• B)Equipment that will benefit several periods has been purchased.
• C)An insurance policy that expires in a future period has been acquired.
• D)Supplies are purchased and used over several months.

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Definitions:

Intrinsic Hand Muscles

The muscles located within the hand that are responsible for fine motor movements and control of the fingers.

Effector Organ

An organ that responds to stimulation by a nerve impulse resulting in a specific action or secretion.

Sensory Receptor

Specialized cells or nerve endings that respond to changes in the environment by converting them into electrical impulses.

Sensory Neuron

A type of neuron that transmits signals from sensory receptors towards the central nervous system, allowing perception of stimuli.