The Two Types of Allowances That May Be Considered Before

question 83

Multiple Choice

The two types of allowances that may be considered before the division of profits and losses are:

• A) interest and salary allowances.
• B) interest and bonus allowances.
• C) salary and bonus allowances.
• D) bonus and liquidation allowances.

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Definitions:

Retrofit

To modify a system to adapt to changes made after its manufacture.

Uncomfortable Ride

Describes a vehicle's inability to smoothly absorb road irregularities, leading to a rough or jarring experience for passengers.

Centrifugal Thrust

The outward force exerted on an object moving in a circular path, due to inertia.