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APA CPP-Remote Exam - Topic 3 Question 25 Discussion

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

What is the purpose of the payroll accrual entry?

Suggested Answer: A

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16 comments · newest first
TR
Trinidad 11 months ago
Surprised to see so many people on the same page!
MI
Mickie 11 months ago
I thought payroll accruals were for reversing errors?
DE
Derick 12 months ago
Wait, isn't it also about when they’re paid?
AN
Anna 12 months ago
Totally agree, A is the right choice!
ST
Stephaine 12 months ago
It's definitely to recognize expenses in the period incurred!
SH
Shantell 1 year 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.
LO
Lonny 1 year 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.
WI
Wilbert 1 year 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.
SO
Solange 1 year 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.
MA
Maybelle 1 year 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.
NI
Nichelle 1 year 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.
RE
Reena 1 year 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.
CA
Callie 1 year ago
I think the payroll accrual entry is about recognizing expenses when they happen, not when we pay them. So, maybe it's A?
SC
Scot 1 year 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.
NI
Nichelle 1 year 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.
LU
Luisa 1 year 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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