Of the Following Costs, Which Are NOT Included in Baseline

question 59

Multiple Choice

Of the following costs, which are NOT included in baseline?

• A) Suppliers
• B) Equipment
• C) Labor
• D) Budget reserves
• E) Contractors

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Definitions:

Capital

Capital refers to financial assets or their financial value, along with the physical factors of production used to create goods and services.

Income Statement

A report documenting a business's income, costs, and earnings during a certain timeframe.

Revenues And Expenses

Financial terms where revenues are the earnings from normal business operations and expenses are the costs incurred to earn these revenues.

Statement Of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.