______is/are a cash disbursement and _____is/are an operating expense.
A) debt,interest
B) amortization,salaries
C) depreciation,rent
D) depreciation,cost of goods sold
Correct Answer:
Verified
Q43: Fixed expenses:
A) are incurred regardless of sales
Q46: The pro forma cash flow,like the _,is
Q51: _ is(are)the major source of revenue.
A) Borrowing
Q54: Using the _ method of projecting cash
Q56: The sales budget:
A) should be prepared before
Q61: As long as the selling price is
Q64: _ is the amount owners have invested
Q71: Equipment would be included on the balance
Q73: The basic balance sheet relationship is:
A) assets
Q79: Owner's equity represents:
A) the net worth of
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