Distinguish between the accrual of wages and the payment of wages.

A. Accountants accrue wages payable when employees perform work. The cost of wages becomes an expense when the wages are accrued. However, payments for wages are made periodically, perhaps weekly or monthly, generally some time after the work has been performed. The payment (a decrease in cash) is never made in the same accounting period in which the wage expense is accrued.

B. Accountants accrue wages payable when employees perform work. The cost of wages becomes an accrual when the wages are expensed. However, payments for wages are made periodically, perhaps weekly or monthly, generally some time after the work has been performed. The payment (a decrease in cash) may or may not be made in the same accounting period in which the wage expense is accrued. C. Accountants accrue wages payable when employees perform work. The cost of wages becomes an expense when the wages are accrued. However, payments for wages are made periodically, perhaps weekly or monthly, generally some time after the work has been performed. The payment (a decrease in cash) may or may not be made in the same accounting period in which the wage expense is accrued.

D. None of the above.