Which of the following causes of death is generally NOT covered by a life insurance policy?
A) Hazardous hobby
B) Hazardous occupation
C) Commercial aviation
D) War"
Answer: D) War"
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The employees of Lucid Laboratories are paid every two weeks on Friday. Total payroll is $25,000 and covers 10 workdays. The end of the current month falls on Tuesday of the pay period. What is the adjusting journal entry to accrue payroll at the end of the month?
A) Salaries Expense 7,500 Salaries Payable 7,500 B) Prepaid Salaries 7,500 Salaries Payable 7,500 C) Salaries Expense 17,500 Prepaid Salaries 7,500 Salaries Payable 25,000 D) Salaries Expense 17,500 Salaries Payable 17,500
Where is the world's largest economy?
A) China B) India C) the United States D) South America E) the European Union