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Exam CPP-Remote Topic 3 Question 60 Discussion
APA Exam CPP-Remote Topic 3 Question 60 Discussion
Actual exam question for APA's CPP-Remote exam
Question #: 60
Topic #: 3
[All CPP-Remote Questions]
How are salaries reflected on the income statement?
A
income
B
assets
C
accruals
D
expenses
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Suggested Answer:
D
by
Lorrie
at
Oct 18, 2024, 03:42 AM
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Arlen
1 months ago
Haha, if salaries were assets, we'd all be rich! Definitely D, expenses, no doubt about it.
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Ligia
1 months ago
Income? Really? No way, salaries are an expense, simple as that. D is the clear choice.
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Shalon
2 months ago
Gotta be D, expenses. I mean, who would put salaries under assets? That's just crazy!
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Huey
19 days ago
It's important to accurately categorize expenses like salaries on the income statement.
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Bobbye
21 days ago
Yeah, putting salaries under assets wouldn't make sense at all.
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Kimberely
29 days ago
I agree, salaries are definitely reflected as expenses on the income statement.
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Antonio
2 months ago
I agree with Darrel, salaries are considered expenses because they are a cost incurred by the company in order to generate revenue.
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Darrel
2 months ago
Salaries are reflected as expenses on the income statement.
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Izetta
2 months ago
Hmm, I think C might be the right answer here. Salaries are accrued, aren't they?
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Ronald
2 months ago
Salaries are definitely an expense on the income statement. D is the way to go!
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Mammie
1 months ago
D is the way to go!
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Nelida
2 months ago
Salaries are definitely an expense on the income statement.
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Van
2 months ago
Expenses like salaries are subtracted from income to determine the company's net profit.
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Verdell
2 months ago
Yes, salaries are considered an expense. It's important to accurately reflect them on the income statement.
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Catalina
2 months ago
Salaries are definitely an expense on the income statement. D is the way to go!
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Arlen
1 months agoLigia
1 months agoShalon
2 months agoHuey
19 days agoBobbye
21 days agoKimberely
29 days agoAntonio
2 months agoDarrel
2 months agoIzetta
2 months agoRonald
2 months agoMammie
1 months agoNelida
2 months agoVan
2 months agoVerdell
2 months agoCatalina
2 months ago