Application Software Maintenance,new Software and Hardware Leases,and Incremental Communications Are

question 45

Multiple Choice

Application software maintenance,new software and hardware leases,and incremental communications are examples of:

• A)recurring costs
• B)one-time costs
• C)incremental costs
• D)frequent costs

---

Definitions:

Dividends Payable

A liability recorded on the company's balance sheet for dividends that have been declared by the board of directors but have not yet been paid to shareholders.

Operating Activities

Transactions and events that relate to the primary operations of the company, such as sales and services.

Acquisition Of Equipment

The process of obtaining capital or operational assets, like machinery or tools, necessary for conducting business.

Investing Activities

Purchases or sales of assets, loans made to suppliers or received from customers, or any changes in cash from investing in the financial markets.