Which of the Following Best Describes the Term "Expenses

question 95

Multiple Choice

Which of the following best describes the term "expenses"?

• A) the cost of assets used in the investing activities of a business
• B) the amount of interest or claim that the owners have in the business
• C) the future economic resources of a business entity
• D) the cost of assets used in the operations of a business

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Definitions:

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