Which of the Following Is an Example of an Accrual

question 27

Multiple Choice

Which of the following is an example of an accrual?

• A)Wages incurred but not yet paid.
• B)Payment of insurance 8 months in advance.
• C)Purchase of equipment for use in the business.
• D)Revenue collected in advance from customer.
• E)All of the above.

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Definitions:

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Demographic Conditions

Demographic conditions are the characteristics of a population, such as age, gender, income, and ethnicity, at a specific point in time.

Multiple Miscarriages

The occurrence of losing two or more pregnancies before the fetus can survive outside the womb, often investigated for underlying causes.

Poor Nutrition

A state of receiving insufficient or excessive amounts of nutrients leading to health problems and conditions such as obesity, malnutrition, and vitamin deficiencies.