Which of the Following Is an Example of an Accrual

question 107

Multiple Choice

Which of the following is an example of an accrual of unrecorded revenues?

• A)Interest accrues each month,but is paid quarterly.
• B)Office supplies are purchased each month,but the account is not adjusted until the end of the month.
• C)Wages have been earned,but have not been paid at the end of the month.
• D)An attorney has performed work for a client,but has not billed the client yet.
• E)Equipment purchased will be beneficial for several years.

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Definitions:

Decline Effect

The phenomenon where the strength of a scientific finding or the size of observed effects tends to decrease over time with subsequent studies or experiments.

Physical Height

The measurement of how tall an individual or structure is, typically measured from the base to the top.

Correlation

An indicator quantifying the degree to which multiple variables co-vary.

Popularity

The state or condition of being liked, admired, or supported by many people.