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

Limited Time Offer

25%

Off

Get Premium CPP-Remote Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Arlen

1 months ago

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

upvoted 0 times

...

Ligia

1 months ago

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

upvoted 0 times

...

Shalon

1 months ago

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

upvoted 0 times

Huey

7 days ago

It's important to accurately categorize expenses like salaries on the income statement.

upvoted 0 times

...

Bobbye

9 days ago

Yeah, putting salaries under assets wouldn't make sense at all.

upvoted 0 times

...

Kimberely

17 days ago

I agree, salaries are definitely reflected as expenses on the income statement.

upvoted 0 times

...

Antonio

1 months ago

I agree with Darrel, salaries are considered expenses because they are a cost incurred by the company in order to generate revenue.

upvoted 0 times

...

Darrel

1 months ago

Salaries are reflected as expenses on the income statement.

upvoted 0 times

...

Izetta

2 months ago

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

upvoted 0 times

...

Ronald

2 months ago

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

upvoted 0 times

Mammie

20 days ago

D is the way to go!

upvoted 0 times

...

Nelida

1 months ago

Salaries are definitely an expense on the income statement.

upvoted 0 times

...

Van

1 months ago

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

upvoted 0 times

...

Verdell

1 months ago

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

upvoted 0 times

...

Catalina

2 months ago

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

upvoted 0 times

...