Which of the Following Is an Expense

question 40

Multiple Choice

Which of the following is an expense?

• A) Prepaid insurance
• B) Dividends paid
• C) Purchase of inventory
• D) Wages owing but not paid at the end of the accounting period

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Definitions:

Unorganized Information

Data or facts that are disordered or not arranged in a systematic or coherent way, making it difficult to understand or use efficiently.

Personal Finance

The management of an individual's or a family's financial decisions, covering aspects such as budgeting, saving, investing, and financial planning.

Question-and-answer Chain

A sequence of inquiries and responses used to explore or clarify information on a particular topic.

Financial Concepts

Fundamental categories and principles that form the basis for financial analysis, planning, and decision-making.