Accrued Wages Is a Current Liability

question 86

True/False

Accrued wages is a current liability.

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Definitions:

Organizational Socialization

The process by which a new employee learns the organizational values, norms, and required behaviors which permit him to participate as a member of the organization.

Employees

Individuals who are hired by an organization to perform specific duties and tasks in exchange for compensation.

Organizational Socialization

This is the process by which new employees learn the values, norms, and required behaviors which permit them to participate as members of an organization.

Member

An individual who belongs to a group, organization, or community and typically has certain rights, responsibilities, or roles within it.