APA Exam CPP-Remote Topic 5 Question 43 Discussion

Actual exam question for APA's CPP-Remote exam

Question #: 43
Topic #: 5

[All CPP-Remote Questions]

How are salaries reflected on the income statement?

Aincome

Bassets

Caccruals

Dexpenses

Show Suggested Answer

Suggested Answer: D

by Bobbye at Apr 22, 2024, 09:52 AM

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Shawana

6 months ago

Emily: I agree with the majority, salaries should be reflected under expenses on the income statement.

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Celestine

7 months ago

Sarah: I don't think salaries are considered income since they are an outgoing payment.

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Chau

7 months ago

Steven: I believe salaries should be included under expenses category because they reduce the company's profit.

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Wynell

7 months ago

Mary: Yes, I agree. Salaries paid to employees are considered a cost of doing business.

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Denise

7 months ago

John: I think salaries are reflected as expenses on the income statement.

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Helga

8 months ago

D) expenses

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Katina

8 months ago

A) income

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