Which of the Following Accounts Is a Contra-Cost Account

question 5

Multiple Choice

Which of the following accounts is a contra-cost account?

• A)Accumulated Depreciation
• B)Purchases Returns and Allowances
• C)Sales Returns and Allowances
• D)Sales Discount

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Definitions:

Compressed Workweek

An alternative work schedule that allows employees to work longer hours on fewer days, usually aiming to maintain full-time hours across fewer days per week.

Absenteeism

refers to the habit of being absent from work, often without a good reason, which can negatively impact productivity and team dynamics.

Compressed Workweek

A work schedule that allows an employee to work a full number of hours per week but in fewer days.

Flexible Work Arrangements

Employment terms that allow workers to vary their work schedule, location, or hours to better fit their personal needs or preferences.