Items That Reduce the Net Income of a Firm, but Do

question 105

Multiple Choice

Items that reduce the net income of a firm, but do not affect the firms' cash flows are called _________ item.

• A) expense
• B) intangible
• C) noncash
• D) paid-in
• E) financing

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Definitions:

Insects

Small arthropods belonging to the class Insecta, characterized by three-part bodies, usually two antennae, and compound eyes.

Amphibians

Cold-blooded vertebrates that live both in water and on land at different stages of their life, such as frogs and salamanders.

Artificial Insemination

The impregnation of a female by artificially introducing sperm from a male.

Endangered Species

Species of animals or plants that are at a significant risk of extinction due to a rapid decrease in their population or loss of their natural habitat.