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    Survey of Accounting Study Set 7
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    Exam 2: Basic Accounting Systems: Cash Basis
  5. Question
    Expenses Can Be Defined As
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Expenses Can Be Defined As

Question 98

Question 98

Multiple Choice

Expenses can be defined as:


A) assets consumed.
B) services used in the process of generating revenues.
C) costs that have been incurred during the normal course of business.
D) all of these.

Correct Answer:

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