Prepaid Worker's Compensation Insurance Is What Type of Account

question 2

Multiple Choice

Prepaid Worker's Compensation Insurance is what type of account?

• A) Asset
• B) Expense
• C) Liability
• D) Revenue

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Definitions:

Screen Saver

A computer program designed to activate after a period of inactivity on a display device, showing images or patterns to prevent screen burn-in.

Control Panel

A part of the operating system that enables users to change system configurations and manage hardware operations.

Local Account

A user account that is created and managed on a single computer or device, not associated with online or network services.

Cloud

A network of remote servers hosted on the Internet to store, manage, and process data, as opposed to using a local server or a personal computer.