Which of the Following Is an Example of an Accrual

question 84

Multiple Choice

Which of the following is an example of an accrual?

• A)Debit Office Supplies Expense,credit Office Supplies
• B)Debit Wages Expense,credit Wages Payable
• C)Debit Rent Expense,credit Prepaid Rent
• D)Debit Unearned Revenue,credit Service Revenue

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Definitions:

NAFTA

The North American Free Trade Agreement, a treaty entered into by the United States, Canada, and Mexico to eliminate trade barriers and facilitate cross-border movement of goods and services.

Free Capital Mobility

The unrestricted movement of financial capital and investment across borders, allowing for the global allocation of resources and investments.

Labor Mobility

The ease with which workers can move between jobs or geographic areas to pursue employment opportunities.

Corporate Codes

Guidelines and policies created by companies to define professional conduct, ethics, and responsibilities within the organization.