Which of the Following Costs Is Likely to Be Driven

question 5

Multiple Choice

Which of the following costs is likely to be driven by machine usage?

• A) Factory insurance
• B) Depreciation on factory building
• C) Factory utilities
• D) Factory rent

Apply knowledge of non-interest-bearing notes and how they are discounted.

Analyze the financial benefits of taking advantage of cash discounts by borrowing short-term funds.

Compute the savings or costs involved in taking such short-term loans to pay invoices on time.

Practice real-life financial decision-making skills related to loans and interest rates.