________ Are the Most Serious of Crimes, and Are Considered

question 50

Multiple Choice

________ are the most serious of crimes, and are considered to be inherently evil.

• A) Felonies
• B) Infractions
• C) Misdemeanors
• D) Summary offences

---

Definitions:

Net Cash

The amount of cash available after accounting for cash inflows and outflows over a period.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Accounts Receivable

Amounts owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

Prepaid Expenses

Expenses paid in advance for goods or services, which are recognized as assets until they are consumed or the term of use expires.