When a Company Receives a Utility Bill Payable Next Month,the

question 82

Multiple Choice

When a company receives a utility bill payable next month,the entry includes a(n) ________.

• A)debit to a liability
• B)credit to an asset
• C)debit to an expense
• D)debit to an asset

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Definitions:

Mode

In statistics, the value that appears most frequently in a data set; in common usage, a way or manner in which something occurs or is experienced, expressed, or done.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Mean

A numerical metric that denotes the central value of a numerical array, determined by summing all the elements in the array and then dividing by the count of those elements.

Internal Reliability

A measure of consistency among multiple items or parts of a test or measurement tool.