_____ Budget Is Used for the Cost of Fixed Assets,such

question 5

Multiple Choice

_____ budget is used for the cost of fixed assets,such as plants and equipment,that are usually treated not as regular expenses but as investments.

• A) Master
• B) Cash
• C) Capital
• D) Production
• E) Sales

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Definitions:

Depreciation Expense

The allocated amount of the cost of an asset, spread out over the time it is expected to be used, reflecting its consumption, wear and tear, or obsolescence.

Indirect Method

In cash flow calculation, this method adjusts net income for non-cash transactions and changes in working capital to arrive at net cash provided by operating activities.

Net Loss

The negative financial result that occurs when a company's expenses exceed its revenues.

Merchandise Inventories

Goods purchased and held for resale by a business, including products available for sale and items in the process of production for sale.