Money Received in the Form of Dividends or Interest Is

question 112

Multiple Choice

Money received in the form of dividends or interest is classified as ________ income.

• A)passive
• B)earned
• C)excluded
• D)capital gain
• E)investment

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Definitions:

Indirect Labor

Costs for labor that are not directly associated with the production of goods or delivery of services, such as maintenance staff.

Line Department

A department that directly advances the core work or goals of an organization, as opposed to a support or administrative department.

Staff Department

A unit within an organization that provides specialized services or support to other departments, but does not produce direct outputs.

Managerial Accounting

A branch of accounting focused on providing information to managers within the organization to assist in decision-making.