Annual property taxes that are paid at the end of the year.

a. Prepaid expense
b. Accrued expense
c. Unearned revenue
d. Accrued revenue
e. None of these

Ans: b. Accrued expense

Business

You might also like to view...

________ involves the ability to respond with little penalty in time, cost, or customer value

Fill in the blanks with correct word

Business

Which of the following is an advantage to using an indirect approach for negative messages?

A) The bad news will be obscured B) The reader is more prepared for the bad news C) The writer can limit their responsibility for the bad news D) The bad news will be delayed, and therefore minimized E) The reader is likely to overlook the bad news

Business