Which of the Following Is TRUE

question 37

Multiple Choice

Which of the following is TRUE?

• A)Interest expenses can be predicted with a reasonable degree of accuracy, especially when the firm uses fixed interest rates on debt.
• B)Interest expenses are commonly based on a percentage of sales.
• C)Depreciation costs are commonly based on a percentage of sales.
• D)Forecasting sales is the last step in financial forecasting.

---

Definitions:

Functional Artwork

Art that serves a practical function in addition to its aesthetic value, such as a beautifully designed piece of furniture.

Decorative Artwork

Art that is primarily concerned with the design and decoration of objects, often functional, to make them aesthetically pleasing.

Information Support

The provision of relevant data or resources to assist in decision-making or problem-solving.

Free-form Slides

A type of presentation slide design that does not adhere to any specific structure, allowing for more creative and flexible content arrangement.