An Expense Incurred in 2011 Is Not Paid Until 2012

question 60

Multiple Choice

An expense incurred in 2011 is not paid until 2012. Using the accrual basis of accounting, the expense should appear on:

• A) the 2011 income statement.
• B) the 2012 income statement.
• C) neither the 2011 nor the 2012 income statement.
• D) both the 2011 and 2012 income statements.

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Definitions:

Job Depth

The extent to which a job allows an employee to exercise discretion and control over their work tasks and processes.

Job Enrichment

The enhancement of a job by adding tasks that increase responsibility, autonomy, and opportunities for personal growth.

Frederick Herzberg

An American psychologist best known for developing the Motivation-Hygiene Theory, which suggests that certain factors in the workplace lead to job satisfaction, while a separate set of factors cause dissatisfaction.

Alternative Work Arrangements

include flexible work schedules, telecommuting, part-time work, and other non-traditional working conditions that can offer employees greater flexibility and satisfaction.