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?

Aincome

Bassets

Caccruals

Dexpenses

Show Suggested Answer

Suggested Answer: D

by Lorrie at Oct 18, 2024, 03:42 AM

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Arlen

8 days ago

Haha, if salaries were assets, we'd all be rich! Definitely D, expenses, no doubt about it.

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Ligia

9 days ago

Income? Really? No way, salaries are an expense, simple as that. D is the clear choice.

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Shalon

11 days ago

Gotta be D, expenses. I mean, who would put salaries under assets? That's just crazy!

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Antonio

15 days 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

20 days ago

Salaries are reflected as expenses on the income statement.

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Izetta

26 days ago

Hmm, I think C might be the right answer here. Salaries are accrued, aren't they?

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Ronald

28 days ago

Salaries are definitely an expense on the income statement. D is the way to go!

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Nelida

12 days ago

Salaries are definitely an expense on the income statement.

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Van

14 days ago

Expenses like salaries are subtracted from income to determine the company's net profit.

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Verdell

19 days ago

Yes, salaries are considered an expense. It's important to accurately reflect them on the income statement.

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Catalina

23 days ago

Salaries are definitely an expense on the income statement. D is the way to go!

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