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Precipitation tests involve all of the following, except
Interest
A charge for borrowed money, generally a percentage of the borrowed amount.
Dividends
Dividends are portions of a company's earnings paid to shareholders as a distribution of profits.
Non-Operating Activities
Transactions and events that are not related to the primary operations of a business, such as investment income or losses from the sale of assets.
Asset Disposals
The process of getting rid of an asset through sale, trade, or removal, often because it's obsolete, no longer needed, or to gain cash.
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