Which Is Not an Identifiable Part of a Business

question 73

Multiple Choice

Which is not an identifiable part of a business?

• A) Managerial units
• B) Strategic business units
• C) Customers
• D) Profit centers
• E) Revenue centers

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Definitions:

Unamortized Discount

The portion of a bond discount that has yet to be expensed to interest expense over the bond's life.

Bondholders

Individuals or entities that hold the debt securities issued by corporations or governments, known as bonds.

Gain or Loss

The financial result from a transaction when the selling price of an asset differs from its book value.

Bonds

Long-term debt securities issued by corporations and governments to raise funds, paying interest to holders.