Which of the Following Is Not an Example of a Cost

question 70

Multiple Choice

Which of the following is not an example of a cost reduction reason to support environmental sustainability?

• A)Utilizing tax credits to upgrade to more energy efficient windows
• B)Encouraging hotel guests to turn off air-conditioning units when leaving their rooms
• C)Requiring employees to print on both sides of a piece of paper
• D)Installing motion sensing lights in restrooms

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Definitions:

Net Income

The net income of a business, which is the amount remaining from total revenue after deducting all costs and taxes.

Depreciable Lives

The estimated period over which a fixed asset is considered to be useful and thus can be depreciated for accounting purposes.

Depreciation Expense

The allocation of the cost of a tangible fixed asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.

Income Statement

A financial statement that reports a company's earnings, expenses, and net income over a specific period.