Some of ABC's Transactions for the Month of October Are

question 41

Multiple Choice

Some of ABC's transactions for the month of October are as follows.Which transaction,if any,is an expense for the month of October?

• A)Purchased $50 worth of petrol on credit,to be paid for in November
• B)Paid $1000 off a loan obtained during July
• C)Paid a mechanic $250 for repair work carried out in September
• D)Purchased a photocopier for $15 000

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Definitions:

Capital Mobility

The ease with which investment capital can move from one asset or market to another, influenced by both domestic and international financial policies.

Dividend Yields

The financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Global Economy

The international network of economies and financial markets, encompassing all economic activity within and between nations.

Cash Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.