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    Practical Financial Management Study Set 1
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    Exam 2: Financial Background: a Review of Accounting Financial Statements and Taxes
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    Belvedere, Inc
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Belvedere, Inc

Question 100

Question 100

Multiple Choice

Belvedere, Inc. has an annual payroll of $250,000. The firm pays employees every two weeks on Friday afternoon. Last month, the books were closed on the Thursday after payday. How much is the payroll accrual at the end of the month? (Round to nearest $)


A) $2,852
B) $3,846
C) $4,780
D) $5,119

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