Worldatwork Exam T7 Topic 1 Question 79 Discussion

Actual exam question for Worldatwork's T7 exam

Question #: 79
Topic #: 1

What is a constructive obligation?

AWhen a company recognizes the expected cost of profit-sharing and bonus payments

BWhen a company has no realistic alternative but to make payments

CWhen a change in the company's informal practices would cause unacceptable damage to its relationship with employees

DThe required accounting entry for liabilities or accrued expenses or cash paid

Show Suggested Answer

Suggested Answer: C

by Virgie at Dec 22, 2023, 04:48 AM

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