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Able Ltd Operates on a Five-Day Working Week

question 24

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Able Ltd operates on a five-day working week.Employees are paid on Thursday for work completed to Wednesday.The weekly wages bill is $40 000.If 30 June 2012 fell on a Tuesday,what was the accrued wages payable on 30 June 2012?


Definitions:

Choice Behavior

The cognitive process involved in deciding between two or more alternatives.

Humans

Humans, scientifically known as Homo sapiens, are a species of bipedal primates characterized by their advanced cognitive abilities, language use, and capacity to create complex tools, cultures, and societies.

Anticipatory Pain Response

Stimuli associated with painful events produce a fear response, which motivates escape from the painful environment.

Punishment

An unpleasant consequence given to reduce the occurrence of a particular behavior.

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