Which of These Statements Is Not Correct

question 45

Multiple Choice

Which of these statements is not correct?

• A) An expense is the consumption or loss of resources that will result in a decrease in equity.
• B) A cost that provides future economic benefits is treated as an asset.
• C) To accountants the terms cost and expense always mean the same thing.
• D) Many costs eventually become expenses.

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Definitions:

Antihypertensive

A medication or other therapy that lowers high blood pressure, also called hypertension.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, a critical parameter in assessing cardiovascular health.

Parasympathetic Nerve

Part of the autonomic nervous system that conserves energy as it slows the heart rate, increases intestinal and gland activity, and relaxes sphincter muscles.

Nonpharmacologic

Pertaining to methods of treatment that do not involve the use of drugs or medications.