Entries That Record an Expense Before the Cash Is Paid

question 41

Multiple Choice

Entries that record an expense before the cash is paid are:

• A)unearned revenues.
• B)prepaid expenses.
• C)accrued expenses.
• D)accrued revenues.

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Definitions:

Relationship-oriented

A focus or preference for building and maintaining strong interpersonal connections and valuing relationships over tasks or goals.

Task-oriented

Refers to a focus or emphasis on completing specific tasks or objectives, often used in the context of leadership or teamwork styles.

Laugh

A vocalized expression of amusement or joy, often characterized by rhythmic, audible contractions of the diaphragm and other parts of the respiratory system.

CEO

Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making major corporate decisions.