Which of the Following Is an Example of an Accrual

question 96

Multiple Choice

Which of the following is an example of an accrual?

• A)The purchase of office supplies.
• B)Wages expense incurred but not yet paid.
• C)Rent revenue collected in advance.
• D)Payment of two years' insurance in advance.

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Definitions:

Net Primary Productivity

The rate at which all the plants in an ecosystem produce net useful chemical energy.

Ecosystems

Complex networks of interacting organisms and their physical environment, functioning as a single unit through cycles of matter and energy flows.

Food Chain

A hierarchical series of organisms each dependent on the next as a source of food, illustrating the flow of energy and nutrients from one organism to another.