Which of the Following Is the Incorrect Basis for Recognizing

question 70

Multiple Choice

Which of the following is the incorrect basis for recognizing the expense indicated?

• A) Sales commissions expense on the basis of relationship with sales.
• B) Administrative salaries expense recognized as incurred.
• C) Amortization expense on the basis of time.
• D) Cost of goods sold expense on a subjective or arbitrary basis.

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Definitions:

Mental Disorders

A wide range of conditions that affect mood, thinking, and behavior, impacting an individual's ability to function daily.

Depression

An emotional disorder defined by an ongoing low mood or a disinterest in activities, which greatly interferes with daily functioning.

Mild

Describing something as not severe, intense, or harsh; may relate to symptoms, weather conditions, or tastes.

Major

An area of academic concentration or specialization during collegiate studies.