Which One of the Following Items Is Not Considered a Part

question 80

Multiple Choice

Which one of the following items is not considered a part of the cost of a truck purchased for business use?

• A)Sales tax
• B)Truck license
• C)Freight charges
• D)Cost of lettering on side of truck

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Definitions:

Fixed Structure

A term related to permanent assets and expenses that do not change in relation to business activity levels.

Manual Accounting Information System

A traditional system of accounting in which transactions are recorded and processed by hand without the use of automated software.

Complexity

The state or quality of being intricate or complicated, often used to describe systems, organizations, or problems.

Efficient Accounting System

A streamlined and effective method of managing and processing financial information and transactions within an organization.