Spontaneous Sources of Financing Include

question 99

Multiple Choice

Spontaneous sources of financing include

• A) accounts payable and accrued expenses.
• B) notes payable and mortgages payable.
• C) long-term debt and capital leases.
• D) common stock and paid-in capital.

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Definitions:

Variable Costing

An accounting method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.

Traceable Fixed Expenses

Fixed costs that can be directly linked to a specific product, service, or department.

Segment Margin

The amount of profit or loss generated by a specific segment of a business, considering only the revenues and expenses directly attributable to that segment.

Division's

A specific segment or branch of a company or organization that operates semi-independently or focuses on a particular task, product line, or service.