Organization Costs Appear on Which Section of the Balance Sheet

question 121

Multiple Choice

Organization costs appear on which section of the balance sheet?

• A) current assets
• B) intangible assets
• C) shareholders' equity
• D) long-term liabilities

---

Definitions:

S&P 500 Index Futures

Financial contracts that speculate on the future value of the S&P 500 index, allowing investors to bet on the stock market's direction without holding the underlying stocks.

Futures Price

The agreed-upon price for the future purchase or sale of an asset in a futures contract.

Profit

The financial gain made in a transaction or operation, calculated as total revenue minus total expenses.

April

The fourth month of the year in the Gregorian calendar, known for its spring season in the Northern Hemisphere and autumn in the Southern Hemisphere.