A COMPANY PAYS ITS WORKERS ON THE 1ST AND THE 15TH OF EACH MONTH....

99. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014

99.

A company pays its workers on the 1st and the 15th of each month. Employee wages earned from the 15th to the 30th of September are best described as a(n): A. accrued expense. B. prepaid expense. C. unearned expense.