Which One of the Following Is a Non-Cash Item

question 219

Multiple Choice

Which one of the following is a non-cash item?

• A) Down payment on a building.
• B) Rent expense.
• C) Depreciation of equipment.
• D) Payroll tax expense.
• E) Company provided health insurance.

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Definitions:

Permanent Colonies

Historically established settlements in new territories that were maintained over long periods, often for economic and strategic reasons.

Catholicism

The branch of Christianity headed by the Pope, based in the Vatican City; includes doctrines and practices followed by Catholics worldwide.

Colonization

The process by which a central power dominates the surrounding land and its components.

Roanoke

Often referred to as the "Lost Colony," it was an early English settlement in North America that mysteriously disappeared.