Which of the Following Is an Example of an Accrual

question 42

Multiple Choice

Which of the following is an example of an accrual?

• A) Bookkeeping fees collected but not yet earned
• B) Six months' rent paid in advance
• C) Interest earned but not yet received
• D) Equipment purchased for use in the business

---

Definitions:

Publicly Traded Companies

Companies whose shares are publicly exchanged on the stock market, subject to regulatory reporting requirements.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the government.

Business Ethics

The principles and standards that guide behavior in the world of business, ensuring actions and decisions meet with societal expectations of integrity and fairness.

Theological Discussion

An in-depth conversation or debate about the nature of God, religious beliefs, and the moral implications of religious teachings.