The Resources Given Up That Are Expected to Bring a Current

question 36

Multiple Choice

The resources given up that are expected to bring a current or future benefit to the organization are represented by:

• A) Costs
• B) Expired costs
• C) Expenses
• D) Losses

---

Definitions:

Swimming Pool

A man-made basin filled with water designed for swimming or leisure activities.

Reliance

Reliance refers to the act of depending or counting on someone or something, often in the context of legal contracts where one party's actions are based on the promises or agreements made by another.

Donee Beneficiary

A party who benefits from a contract made between two other parties, without any obligations to perform or pay.

Intended Beneficiary

An individual or group for whom a contract is specifically made to benefit, granting them certain rights or benefits.