The LST Program Is Most Effective for

question 159

Multiple Choice

The LST program is most effective for

• A)white middle-class students
• B)inner-city students
• C)minority students
• D)all of the above

---

Definitions:

Deferral

An accounting concept where revenue or expense is recognized at a date later than the point when cash was originally exchanged.

Accrual

An accrual occurs when revenue has been earned or an expense has been incurred but has not been recorded.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use.

Wages Expense

The total amount of wages paid by a business to its employees for a specified period of time.