Which One of the Following Items Would Never Appear on a Cash

question 143

Multiple Choice

Which one of the following items would never appear on a cash budget?

• A) Office salaries expense
• B) Interest expense
• C) Depreciation expense
• D) Travel expense

Comprehend the concepts of marginalism and its relevance in economic decisions.

Understand the diverse educational and skill needs of entrepreneurs.

Recognize the myths and realities of entrepreneurship.

Identify the reasons behind new business failures and strategies for prevention.

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Definitions:

Discretionary Income

The amount of an individual's income left for spending, investing, or saving after taxes and personal necessities (like food and shelter) are taken care of.

Necessities

Essential items required for living, such as food, clothing, and shelter.

Taxes

Compulsory financial charges or other levies imposed on an individual or a company by a governmental organization in order to fund various public expenditures.

Discretionary Income

Discretionary income is the amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities have been paid.