Which Is NOT Considered an Out-Of-Pocket Budget Expense

question 13

Multiple Choice

Which is NOT considered an out-of-pocket budget expense?

• A) media kits
• B) salaries
• C) video news releases
• D) transportation

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Definitions:

Vertical Analyses

An accounting method where each entry in a financial statement is listed as a percentage of another item to analyze relative size and composition.

Horizontal Analyses

Analysis technique for financial statements that evaluates changes in financial information over multiple reporting periods using percentage or absolute comparisons to find growth or decline trends.

Financial Statements

Reports that summarize the financial performance and position of a business, including the balance sheet, income statement, and cash flow statement.

Current Ratio

A measure used to evaluate a company’s liquidity and short-term debt-paying ability; computed by dividing current assets by current liabilities.