Resources That Are Surrendered to Achieve a Particular Objective in Business

question 71

Multiple Choice

Resources that are surrendered to achieve a particular objective in business are known as:

• A) resources.
• B) expenses.
• C) assets.
• D) costs.

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Definitions:

Investments

Assets purchased with the expectation that their value will grow or generate income.

Quarterly

Taking place four times a year, or every quarter.

Withdrawals

The act of taking money out of an account, fund, or similar financial vehicle.

Invest

To allocate money in the expectation of some benefit in the future, usually through the purchase of assets with the hope that they will increase in value.