Which of the Following Is NOT an Expense of a Company

question 28

Multiple Choice

Which of the following is NOT an expense of a company?

• A) cost of goods sold
• B) repayment of principal on a loan
• C) repayment of interest on a loan
• D) sales commission.

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Definitions:

Cultural Backgrounds

The cultural heritage, traditions, and values that shape an individual's identity and perspectives, often influencing their behaviors, beliefs, and interactions with others.

Intragenerational Mobility

Movement between social classes that occurs during the course of an individual’s lifetime.

Social Mobility

The movement of individuals, families, or groups through a system of social hierarchy or stratification.

Lifetime

The period of time that an individual is alive, often used to denote the duration of a person's existence or a product's usefulness.