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  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 20: Audit of the Payroll and Personnel Cycle
  5. Question
    In Most Accounting Systems, Accruals for Salaries and Wages Are
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In Most Accounting Systems, Accruals for Salaries and Wages Are

Question 10

Question 10

True/False

In most accounting systems, accruals for salaries and wages are recorded by adjusting entries at the end of the period for any earned-but-unpaid labor related costs.

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