Which of the Following Events Involves a Deferral

question 48

Multiple Choice

Which of the following events involves a deferral?

• A)Recording interest that has been earned but not received.
• B)Recording revenue that has been earned but not yet collected in cash.
• C)Recording supplies that have been purchased with cash but not yet used.
• D)Recording salaries owed to employees at the end of the year that will be paid during the following year.

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Definitions:

Man The Hunter Theory

A hypothesis suggesting early human societies were primarily hunter-gatherers, with men specializing in hunting and women gathering.

Human Evolution

The lengthy process of change by which people originated from apelike ancestors, evidenced by morphological, genetic, and cultural changes over millions of years.

Large-Game Animals

Refers to bigger wild animals that are hunted for sport, food, or traditionally in some cultures, for various uses including as sources of materials.

Gender Contributions

The roles, responsibilities, and activities assigned to or accepted by individuals based on their societal definitions of gender.