Which of the Following Is Not True Regarding a Credit

question 57

Multiple Choice

Which of the following is not true regarding a credit card expense?

• A)Credit card expense may be classified as a "discount" deducted from sales to get net sales.
• B)Credit card expense may be classified as a selling expense.
• C)Credit card expense may be classified as an administrative expense.
• D)Credit card expense is not recorded by the seller.
• E)Credit card expense is a fee the seller pays for services provided by the card company.

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Definitions:

Millon Adolescent Clinical Inventory

A psychological assessment tool specifically designed for the evaluation of personality, psychopathology, and concerns unique to adolescents.

Projective Personality

An approach to personality assessment that interprets people's responses to ambiguous stimuli to uncover underlying thoughts, feelings, and traits.

Objective Personality

Refers to the assessment and measurement of personality traits and characteristics through standardized tests and criteria, rather than subjective judgment or opinions.

House-Tree-Person

A projective psychological test that assesses aspects of a person's personality through their drawings of a house, a tree, and a person.