If an Expense Is Traceable to a Department, It Would

question 121

Multiple Choice

If an expense is traceable to a department, it would be considered a(n) :

• A) direct expense.
• B) indirect expense.
• C) profit center issue.
• D) advertising expense.

---

Definitions:

Balance of Trade

The variance between what a country spends on imports and earns from exports during a certain timeframe.

Economic Revival

A period of growing business activity signaling the end of a recession or economic downturn, often characterized by increases in employment, consumer spending, and investment.

Trade Deficit

A condition in which a nation's imports of goods and services surpass its exports, resulting in a deficit in the trade balance.

Absolute Advantage

A situation where a country, entity, or individual can produce a good or service more efficiently (using fewer resources) than another.