Feasibility Reports Normally Begin By

question 15

Multiple Choice

Feasibility reports normally begin by:

• A)assessing the criteria.
• B)explaining the decision to be made.
• C)evaluating the alternatives.
• D)detailing costs.

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Definitions:

Prepaid Services

Expenses paid in advance for services which are to be received in the future.

Unearned Fees

Income received by a business for services not yet performed or goods not yet delivered.

Journalize

The process of recording transactions in a company's journal, detailing the financial transactions of a business in chronological order.

Supplies Account

An account used in accounting to track the cost of supplies purchased and used by a business within a specific accounting period.