What Type of Expense Results When Organizations Acquire Many Multi-Period

question 75

Multiple Choice

What type of expense results when organizations acquire many multi-period service capacities by paying cash up front or by entering into an explicit contract that requires periodic cash payments?

• A)managed fixed expenses
• B)committed fixed expenses
• C)discretionary fixed expenses
• D)period expenses

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Definitions:

Privileged Deviance

Deviant acts committed by individuals of higher social status, which often go unpunished or are treated leniently due to their position.

Organized Crime

Criminal activities that are planned and controlled by powerful groups and carried out on a large scale.

Tax Evasion

The illegal act of not paying taxes by individuals, corporations, and trusts, through various means including dishonest tax reporting.

Criminally Negligent

Involving a lack of care or foresight in actions or omissions that lead to unlawful harm or damage to others.