Which of the following would be increased by an accounting policy change involving the accrual of greater employee benefits expense?

Name: Which of the following would be increased by an accounting policy change involving the accrual of greater employee benefits expense?
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Question

Quizplus · Accepted Answer

Accruing greater employee benefits expense would increase the amount of liabilities reported on the balance sheet. This is because benefits owed to employees are considered a liability until they are paid out.

Which of the Following Would Be Increased by an Accounting