Able Ltd Operates on a Five-Day Working Week

question 24

Multiple Choice

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?

• A) $8000
• B) $16 000
• C) $32 000
• D) $24 000.

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Definitions:

Locking Mechanism

A device or system used to prevent movement or unauthorized access by securing components in a fixed or immobile position.

Fontaine No-Slack

A brand-specific technology applied to fifth wheel couplings, designed to minimize slack and improve connection reliability between tractor and trailer.

SAE Grade 8

A classification of bolts according to the Society of Automotive Engineers, indicating high tensile strength and used for critical, heavy-duty applications.