Which of These Events Would Be Recorded by Accountants

question 55

Multiple Choice

Which of these events would be recorded by accountants?

• A) An employee receives a promotion.
• B) An employee hurts themselves at work in the course of their duties.
• C) An employee resigns.
• D) An employee is paid by being given a computer instead of their normal wages.

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Definitions:

Supply Curves

Graphical representations showing the relationship between the price of a good and the quantity of that good that suppliers are willing to sell.

Demand Curves

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

World Price

The worldwide market price of a good or service, affected by the balance of global demand and supply.

Nontariff Barrier

Measures other than tariffs that countries use to control the amount of trade across their borders, including quotas, embargoes, sanctions, and other restrictions.