At the end of the fiscal year, an adjusting entry is made that increases salaries payable and salaries expense. this entry is an application of which accounting principle?

The accounting principle that was made is called matching. At the end of the fiscal year, the usual adjusting entry for depreciation on equipment was omitted, total assets will be understated at the end of the current year.  Income Summary will be close to retained earnings at the end of fiscal year accounts will be closed to the retained earnings account. 

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1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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