Which of the Following Accounts Would Be Used Under the Accrual

question 161

Multiple Choice

Which of the following accounts would be used under the accrual basis of accounting,but not under cash basis accounting?

• A) Cash
• B) Unearned Revenue
• C) Service Revenue
• D) Salaries Expense

Identify and differentiate between the various sectors of the economy.

Recognize the significance of productivity in the economic framework.

Understand the role of societal institutions in organizing economic activities.

Identify the factors responsible for major economic shifts and revolutions.

---

Definitions:

Genetic

Relating to genes or heredity, the biological process by which parents pass certain traits to their offspring through their chromosomes.

Short-Term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period.

Information Processing

The view in which cognitive processes are compared to the functions of computers. The theory deals with the input, storage, retrieval, manipulation, and output of information. The focus is on the development of children’s strategies for solving problems—their “mental programs.”

Theoretical Orientation

A specific set of beliefs, attitudes, and practices that guide a therapist or counselor in their approach to understanding clients' issues and helping them.