Which of the Following Is TRUE

question 37

Multiple Choice

Which of the following is TRUE?

• A)Interest expenses can be predicted with a reasonable degree of accuracy, especially when the firm uses fixed interest rates on debt.
• B)Interest expenses are commonly based on a percentage of sales.
• C)Depreciation costs are commonly based on a percentage of sales.
• D)Forecasting sales is the last step in financial forecasting.

---

Definitions:

Ultrasonic Cleaner

A device that uses ultrasonic waves in a liquid to clean small, intricate objects or parts, particularly effective in removing dirt and contaminants.

Sound Waves

Vibrations that travel through the air or another medium, perceptible to the human ear as sound.

Sphygmomanometer

An instrument used to measure blood pressure, typically consisting of an inflatable cuff to restrict blood flow and a manometer to measure the pressure.

Otoscope

A medical instrument used by doctors to examine the ear canal and tympanic membrane.