Which One of the Following Items Appears on a Balance

question 30

Multiple Choice

Which one of the following items appears on a balance sheet?

• A)Service revenue
• B)Unearned revenue
• C)Dividends
• D)Cash flow from operations

---

Definitions:

Fixed Cost

A fixed cost is a business expense that remains constant regardless of the volume of goods or services produced by an entity.

Insurance Premiums

Payments made to an insurance company in exchange for coverage, protecting against financial losses from specified risks.

Production Workers

Employees involved in the direct manufacturing of goods, including assembly line workers, machine operators, and craftsmen.

Shipping Costs

Expenses associated with the transportation of goods from one location to another, influencing pricing, supply chain decisions, and overall competitiveness.