Wireless Technologies Reports Operating Expenses of $2 Million

question 68

Multiple Choice

Wireless Technologies reports operating expenses of $2 million.Operating expenses include rent expense.Prepaid rent at the beginning and end of the year are $20,000 and $70,000,respectively.All other operating expenses were paid in cash as incurred.What is the amount of cash paid for operating expenses?

• A)$2,000,000.
• B)$2,070,000.
• C)$1,950,000.
• D)$2,050,000.

---

Definitions:

Conditions of Worth

Standards and expectations imposed by others that one feels they must meet to be valued and accepted.

Good Grades

Academic evaluations symbolizing above-average or excellent achievement in educational assignments or tests.

Self-Worth

The sense of one's own value or worth as a person; a critical aspect of one's self-esteem.

Humanistic-Existential

A psychological approach focusing on personal responsibility and individual's potential for self-fulfillment.