The General Term Employed to Indicate an Expense That Has

question 111

Multiple Choice

The general term employed to indicate an expense that has not been paid and has not yet been recognized in the accounts by a routine entry is

• A) capital
• B) deferral
• C) accrual
• D) inventory

---

Definitions:

Arbitration

Process of intergroup conflict resolution in which a neutral third party is invited to impose a mutually binding settlement.

Bargaining

Process of intergroup conflict resolution where representatives reach agreement through direct negotiation.

Primitive Behaviour

Actions or reactions that are considered to be based on early or basic human instincts rather than learned or civilized responses.

Le Bon

Referring to Gustave Le Bon, a French social psychologist known for his work on crowd psychology and the study of mob behavior in the late 19th and early 20th centuries.