If There Is a Credit Balance in the Factory Payroll

question 73

Multiple Choice

If there is a credit balance in the Factory Payroll Payable at the end of the accounting period, it represents

• A) the amount by which applied payroll was greater than actual payroll.
• B) the amount by which actual payroll was greater than applied payroll.
• C) labor costs which have not yet been distributed.
• D) an amount that should be charged to Cost of Goods Sold.

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Definitions:

Psychological Term

A word or phrase used to describe a concept within the field of psychology.

Maladaptive Personality Traits

Maladaptive Personality Traits are characteristics that negatively affect an individual's ability to function in various life domains, including work, relationships, and mental health.

Psychological Discomfort

A state of emotional or mental uneasiness, distress, or suffering that arises from various sources including stress, anxiety, or cognitive dissonance.

Functioning Well

Operating or performing in an effective and efficient manner according to expected standards or benchmarks.