A Business Incurs a ________ If Its Costs and Expenses

question 285

Multiple Choice

A business incurs a ________ if its costs and expenses exceed its revenues.

• A) loss
• B) liability
• C) debit
• D) dividend

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Definitions:

Repetitive Strain Injuries

Repetitive Strain Injuries (RSIs) are musculoskeletal and nervous system injuries caused by repetitive tasks, forceful exertions, vibrations, mechanical compression, or sustained or awkward positions.

IT

Short for Information Technology, referring to the use, development, and maintenance of computer software, systems, and networks.

Watson

An AI platform developed by IBM, known for its question answering capabilities, notably showcased in its victory on the Jeopardy! television show.

IBM

International Business Machines Corporation, a multinational technology company known for its computer hardware, middleware, and software.