Which of the Following Is Not True Regarding a Credit

question 57

Multiple Choice

Which of the following is not true regarding a credit card expense?

• A)Credit card expense may be classified as a "discount" deducted from sales to get net sales.
• B)Credit card expense may be classified as a selling expense.
• C)Credit card expense may be classified as an administrative expense.
• D)Credit card expense is not recorded by the seller.
• E)Credit card expense is a fee the seller pays for services provided by the card company.

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Definitions:

Savory

Savory refers to food that is pleasantly salty or spicy, not sweet, often associated with hearty dishes.

Taste Receptors

Specialized sensory cells located on the tongue that detect taste qualities such as sweet, sour, salty, bitter, and umami.

Tastant

A substance that can be tasted, typically classified into five basic tastes: sweet, sour, salty, bitter, and umami.

Odorants

Chemicals that are detected by the olfactory system, leading to the perception of smell.