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APA CPP-Remote Exam - Topic 3 Question 25 Discussion

What is the purpose of the payroll accrual entry?
A) to recognize expenses in the period in which they were incurred
B) to reverse an entry made in error
C) to recognize expenses in the period in which they were paid
D) to reverse an entry from a previous period

APA CPP-Remote Exam - Topic 3 Question 25 Discussion

Actual exam question for APA's CPP-Remote exam
Question #: 25
Topic #: 3
[All CPP-Remote Questions]

What is the purpose of the payroll accrual entry?

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Suggested Answer: A

by Garry at Mar 20, 2023, 08:53 PM

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Trinidad
8 months ago
Surprised to see so many people on the same page!
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Mickie
8 months ago
I thought payroll accruals were for reversing errors?
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Derick
9 months ago
Wait, isn't it also about when they’re paid?
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Anna
9 months ago
Totally agree, A is the right choice!
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Stephaine
9 months ago
It's definitely to recognize expenses in the period incurred!
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Shantell
9 months ago
I thought payroll accruals were more about reversing errors, but that doesn't seem to fit here. I guess I should focus on when expenses are incurred instead.
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Lonny
9 months ago
I practiced a similar question, and I believe it was about recognizing expenses in the right period. So, I feel confident about option A being correct.
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Wilbert
9 months ago
I'm a bit unsure, but I remember something about accruals being tied to the period expenses are incurred. That makes option A sound right, but I could be mistaken.
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Solange
9 months ago
I think the payroll accrual entry is about recognizing expenses when they happen, not when they're paid. So, I might lean towards option A.
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Maybelle
9 months ago
I could be wrong, but I think option C is about cash basis accounting, which isn’t what accruals are for. It must be A.
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Nichelle
9 months ago
I'm not entirely sure, but I feel like payroll accruals are more about timing than correcting mistakes, so B and D seem off.
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Reena
9 months ago
I remember practicing a question like this, and I think it was about matching expenses to the right period. That sounds like option A again.
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Callie
9 months ago
I think the payroll accrual entry is about recognizing expenses when they happen, not when we pay them. So, maybe it's A?
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Scot
9 months ago
I'm pretty confident that empathy and social intelligence are the two best answers here. Those seem to capture the essence of soft skills the most.
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Nichelle
9 months ago
I've got a good feeling about this one. The question is asking about the content dictionary for Forged Email Detection, so the entry would probably be something like an email address or domain name. I'm going to go with option A.
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Luisa
9 months ago
This looks like a straightforward question about the components of an E-MapReduce cluster. I'm pretty confident I can figure this out.
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