From the List of Accounts, Determine Whether the Account Is

question 13

Multiple Choice

From the list of accounts, determine whether the account is a temporary or permanent account. (Choices may be used more than once.)
-salaries payable

• A)temporary account
• B)permanent account

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Definitions:

Adequate Training

Training that sufficiently equips individuals with the skills, knowledge, and competencies needed for their specific roles or tasks.

Implicit Contract

An unwritten and unspoken agreement or understanding between parties, based on actions, behavior, or the presumed intentions of the parties involved.

Independent Contractors

Workers who provide services to a business under terms specified in a contract or within a freelance arrangement, without being employees of the company.

Free Agents

Workers who operate independently, offering their services to organizations on a contract basis without long-term commitments.