If a Company Arranges to Pay Later Rather Than in Cash

question 33

Multiple Choice

If a company arranges to pay later rather than in cash for materials and other expenses,its accountant must set up accounts _____.

• A)payable
• B)receivable
• C)on hand
• D)accrued

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Definitions:

Secondary Appraisal

A cognitive evaluation of available resources and options prior to deciding how to deal with a stressor.

Coping Mechanisms

Psychological strategies that individuals use to manage stress, process emotions, and navigate difficult situations.

General Adaptation Syndrome

describes the body's short-term and long-term reactions to stress, consisting of three stages: alarm, resistance, and exhaustion.

Stress-Related Diseases

Health problems that are either caused or exacerbated by stress, including heart disease, high blood pressure, and mental health disorders like depression and anxiety.