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During 2015,the first year of operations,Silver,Inc. ,pays salaries of $175,000.At the end of the year,employees have earned salaries of $20,000,which are not paid by Silver until early in 2016.What is the amount of the deduction for salary expense?
Convergent Thinking
A cognitive process where the focus is on finding a single, correct solution to a problem, narrowing down the available options.
Divergent Thinking
A thought process used to generate creative ideas by exploring many possible solutions.
General Trait
A characteristic or quality that can be considered a defining attribute of an individual across a wide range of situations.
Correlation
A measure that describes the extent to which two variables change together, but does not necessarily indicate that one causes the other to occur.
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