Which of the Following Items Would Be Classified as Committed

question 21

Multiple Choice

Which of the following items would be classified as committed resources (long-term) ?

• A)salaried employees
• B)depreciation on building
• C)lease on machinery
• D)both b and c

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Definitions:

Present Tense

A verb tense that expresses actions or states occurring at the current moment.

Proven Conclusions

Outcomes or results that are verified and accepted as truth following rigorous testing or experimentation.

Transitional Phrase

A transitional phrase is a word or group of words used to link sentences and paragraphs together smoothly, indicating the relationship between them.

Explanation

The act of making something clear or understandable by describing the relevant facts or ideas.