d) $565,000 Question 14 (1 point) Which of the following scenarios would require an organisation to recognise an expense and recognise a liability called 'accounts paysble? IMeaning that expense increases (equity decreases) and accounts payable (liabilty) increases.] a) The organisation has recelved the related service and the related invoice, and the organisation has paid the cash b) The organisation has received the related service and the related invoice, and the organisation has NOT paid the cash c) The organisation has NOT recelved the related service and the organisation has paid the cash d) The organisation has NOT received the related service and the organisation has NOT paid the cash Question 15 (1 point) Which of the following factors will influence the preparation of the balance sheet for Larger organisations? a) The application of accounting principles (these principles include the entity concept, the accounting period comvention, the monetary unit convention, the going concern assumption, and the convention of accrual accountingl. b) Efforts taken to ensure that the financial information being presented satisfies the qualitative characteristics that usetul financial information is expected to possess (which include the fundamental qualitative characteristics of relevance and representationai taithfulness, as well as the enhancing qualitative characteristics of cormpanbinty, verifiabity, timeliness and understandability. c) Elforts to comply with the requirements embodied within accounting standards ) All of these choices. Question 16 (1 point) The principle which requires that the transactions of an organisation be hiept seporate from the personal transactions of the owners of the orconisation, and which