Which of the Following Accounts Is Used to Initially Record

question 30

Multiple Choice

Which of the following accounts is used to initially record a deferral?

• A)Interest payable.
• B)Interest revenue.
• C)Supplies.
• D)Supplies expense.

Understand the purpose and elements of routine business communication.

Identify different types of routine messages and their appropriate contexts.

Develop strategies for crafting effective positive and negative responses in routine communication.

Learn how to structure routine messages, including openings, body, and closings to align with their purposes.

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Definitions:

Centralized Organizations

Organizations where decision-making authority is concentrated at the top levels of management.

Decentralized Organizations

Organizations that distribute power away from a central authority, often featuring a more spread out decision-making process.

Values-based Ethics

An ethical approach that is rooted in the core values and principals of an individual or organization, guiding decision-making and actions.