Which of the Following Is an Example of an Expense

question 87

Multiple Choice

Which of the following is an example of an expense?

• A)the cost of a proposed advertising campaign
• B)the cost of a product delivered to a customer
• C)the cost of the purchase of equipment
• D)the write-off of an obsolete product

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Definitions:

Consolidated Net Income

The total profit of a parent company and its subsidiaries after all expenses, including those of subsidiary companies, are subtracted.

Noncontrolling Interest

A stake in a company owned by minority shareholders that do not bestow them control over the company.

Dividend Payments

Financial rewards paid out to shareholders, typically from a portion of a company's earnings.

Investment Sale

The process of selling securities or assets for the purpose of realizing gains from the investment.