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    Exam 13: Small Business Accounting: Projecting and Evaluating Performance
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    What Do You Call a Decrease in Owners' Equity Caused
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What Do You Call a Decrease in Owners' Equity Caused

Question 96

Question 96

Multiple Choice

What do you call a decrease in owners' equity caused by consuming your product or service?


A) Opportunity cost
B) Cost
C) Owners' equity
D) Expense

Correct Answer:

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