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:

Capacity

An element of a valid contract; the freedom to enter into a contract, which is sometimes limited by law as is the case, for example, with minors, the insane, the intoxicated, aliens, bankrupts, and Indians.

Married Women

Women who are legally wed under the laws or customs recognized by their jurisdiction, affecting various legal rights and obligations.

Bankrupts

Individuals or entities that have been legally declared incapable of paying their debts and have their assets administered for the benefit of their creditors.

Domestic Relationship

A social or personal relationship between individuals who live together and share a domestic life but may not be married.