Expenses Originate from

question 110

Multiple Choice

Expenses originate from

• A)using an asset or recognizing liabilities.
• B)incurring liabilities or providing services to customers.
• C)collecting cash from customers.
• D)paying off liabilities.

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Definitions:

Machines

Devices or systems of devices that perform tasks or assist in the performance of tasks, often using mechanical, electrical, or computer-driven components.

Total Cost

Refers to the complete cost incurred in the production of goods or services, including both fixed and variable costs.

Deer

A wild or domestically raised animal with antlers found in various regions, known for its agility and grace.

Plastic

A synthetic material made from a wide range of organic polymers, such as polyethylene and nylon, that can be molded into shape while soft and then set into a rigid or slightly elastic form.