Expenses That Are Not Easily Associated with a Specific Department,and

question 2

Multiple Choice

Expenses that are not easily associated with a specific department,and which are incurred for the joint benefit of more than one department,are:

• A)Fixed expenses.
• B)Indirect expenses.
• C)Direct expenses.
• D)Uncontrollable expenses.
• E)Variable expenses.

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Definitions:

Expenditures

Money spent or costs incurred in the course of conducting business or achieving a project.

Personal Funds

Money that belongs to an individual and is used for personal, as opposed to business or other external, purposes.

Maintain Secrets

The obligation or practice of keeping information, such as trade secrets or confidential company information, undisclosed.

Business

The coordinated actions and initiatives of persons aimed at the generation and vending of goods and services for financial gain.