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Payroll typically creates an accrued liability for all of the following reasons except . Group of answer choices We need to accrue the payroll expense
Payroll typically creates an accrued liability for all of the following reasons except .
Group of answer choices
We need to accrue the payroll expense to ensure that it is allocated to the appropriate reporting period
Because payroll is usually paid in arrears
Because it is unnecessary to report amounts owed to employees for salaries or wages earned
Because payroll is rarely paid on the last day of the pay period
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