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  3. Study Set
    College Accounting
  4. Exam
    Exam 2: Analyzing Business Transactions
  5. Question
    An Expense by Definition Is Not
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An Expense by Definition Is Not

Question 8

Question 8

Multiple Choice

An expense by definition is not:


A) an amount a business must pay in the future.
B) an outflow of cash.
C) the use of other assets.
D) the incurring of a liability.

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