The Wage and Salaries Expense Account Is an Operating Expense

question 42

True/False

The wage and salaries expense account is an operating expense account debited for total net pay each payroll period.

---

Definitions:

Improvising

The art of creating and performing spontaneously or without preparation.

Continual Adjustments

An ongoing process of making small changes or modifications to improve or maintain performance in response to changing conditions or feedback.

Unfreezing

The process within change management that involves overcoming inertia and dismantling the existing "mindset" to overcome resistance to change.

Changing

The process or act of making something different, often in the context of improvement or adaptation.