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Worldatwork Exam T7 Topic 1 Question 81 Discussion

Actual exam question for Worldatwork's T7 exam

Question #: 81
Topic #: 1

When a company consumes the economic benefit arising from service provided by an employee in exchange for employee benefits, what is it considered in accounting terms?

AThe employee value proposition

BAn expense

CA benefit

DA cost

Show Suggested Answer

Suggested Answer: B

by Kirk at Feb 13, 2024, 05:25 AM

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Shasta

1 days ago

I agree with Jaclyn. It makes sense that it would be considered an expense.

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Jaclyn

2 days ago

I think the answer is B) An expense.

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