A cost of doing business is referred to as a(n) ________ and is considered necessary to earn ________.
A) revenue;assets
B) expense;revenue
C) liability;expenses
D) dividend;revenue
Correct Answer:
Verified
Q38: Which of the following statements below is
Q39: A sole proprietorship is:
A)a separate legal and
Q40: An investor who is looking at a
Q41: Mauricio invested $30,000 in Pizza Aroma in
Q42: Which of the following would not represent
Q44: Expenses are:
A)equal to a company's liabilities.
B)always less
Q45: Profit is equal to:
A)revenues minus expenses.
B)assets minus
Q46: An economic resource that is owned by
Q47: Amounts earned by selling goods or services
Q48: Operating activities include:
A)interest paid on a bank
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