Electric bill to be paid next month.

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

Answer: b. Accrued expense

Business

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What will be an ideal response?

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Which of the following is the best definition of a policy?

A) Ownership of database objects B) Step by step instructions for accomplishing a task C) A set of related permissions D) A set of rules for doing things

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