Which of the Following Is Not an Expense

question 46

Multiple Choice

Which of the following is not an expense?

• A)Wages of employees.
• B)Interest incurred on a loan the company had taken out.
• C)Dividends.
• D)Corporate income tax.

Define and differentiate between commodities and specialized equipment in project management.

Identify the roles, goals, and focuses of project managers.

Recognize the dynamics of project expectations over its lifecycle.

Comprehend the concepts of critical path, total float, and project duration.

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Definitions:

Sales Returns

Transactions involving the return of sold goods by customers, resulting in a reduction of revenue.

Charge Customer

The process of billing a customer for goods or services provided.

Sales Discounts

A reduction in the price of goods or services offered by a seller to a buyer, usually to encourage prompt payment.

Accounts Receivable

The amount of money owed to a company by its customers for goods or services that have been delivered but not yet paid for.