Which of the Following Transactions Does Not Include an Increase

question 39

Multiple Choice

Which of the following transactions does not include an increase to expenses?

• A) Received and paid the phone bill
• B) Paid monthly rent
• C) Received cash for services performed
• D) Paid the week's wages
• E) Bought advertising for cash

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Definitions:

Opportunity Cost

Forgoing possible benefits from other options by selecting a particular one.

Straight Lines

Lines in a geometric space that have the same direction throughout and no curvature.

Foreign Trade

The exchange of goods and services between countries.

Economic Output

The total value of all goods and services produced by an economy over a specified period of time.