Which of the Following Would Be Classified as a General

question 331

Multiple Choice

Which of the following would be classified as a general expense on an income statement?

• A) salaries paid to salespeople
• B) dividends paid to stockholders
• C) payments made for insurance
• D) costs associated with an advertising campaign

Comprehend phylogenetic relationships among major domains of life using phylogenetic trees.

Identify and describe the characteristics of major microbial groups and their implications in human health.

Apply Koch's postulates in determining microbial causation of diseases.

Recognize unique cellular features of Archaea distinguishing them from Bacteria and Eukarya.

---

Definitions:

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as one single economic entity.

Subsidiaries

Companies that are controlled by another company, often referred to as the parent company, through ownership of over 50% of the subsidiary's voting stock.

Goodwill Impairment

A decrease in the value of goodwill on a company's balance sheet, indicating that the expected future cash flows from an acquisition are lower than initially estimated.

Straight-Line Method

A method of calculating the depreciation of an asset, which spreads the cost evenly over its useful life.