Which of the Following Transactions Does Not Involve an Accrual

question 99

Multiple Choice

Which of the following transactions does not involve an accrual?

• A)Recording interest earned that will be received in the next period.
• B)Recording operating expense incurred but not yet paid.
• C)Recording salary expense incurred but not yet paid.
• D)Recording the pre-payment of two years' worth of insurance.

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Definitions:

NDP Candidate

A person nominated to represent the New Democratic Party in an electoral contest.

Confidence Interval

This statistical metric signifies the estimated range of values within which a population parameter falls, presented with a certain degree of confidence, showing the precision of an estimate.

York University

A public research university located in Toronto, Ontario, Canada.

Standard Error

A statistical measure that describes the distribution of sampling means around the population mean, indicating the precision of the sample mean estimate.