The Statewide Sales Company Has Gross Pay for March of $45,000.Which

question 140

Multiple Choice

The Statewide Sales Company has gross pay for March of $45,000.Which of the following would be included in the first journal entry in the payroll cycle to record salary expense?

• A) Credit Salary expense
• B) Debit Cash
• C) Debit Salary payable
• D) Debit Salary expense

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Definitions:

Groupthink

A psychological phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Social Facilitation

The tendency for individuals to perform tasks better when they are in the presence of others.

Delphi Technique

A structured communication technique or method, which relies on a panel of experts to forecast or make decisions through rounds of anonymous questionnaires.

Rational Decision-Making Technique

An approach to decision-making characterized by a systematic, logical evaluation of alternatives.