menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Entrepreneurship and Small Business Management Study Set 2
  4. Exam
    Exam 12: Understanding and Managing Start-Up, Fixed, and Variable Costs
  5. Question
    Why Is It Best to Pay Expenses for Your Business
Solved

Why Is It Best to Pay Expenses for Your Business

Question 23

Question 23

Multiple Choice

Why is it best to pay expenses for your business with a check, not with cash?


A) A check can't be traced.
B) A check provides written proof of payment.
C) Cash is easier to lose.
D) Cash payments are always applied more slowly.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: Fernando plans to sell hot coffee, cider

Q19: Inflation has no effect on small business.

Q20: Which of the following is not a

Q21: The method used to save money that

Q22: Other variable costs per unit subtracted from

Q24: Net profit is calculated before taxes are

Q25: A cash reserve is also known as

Q26: One of the most important things an

Q27: Fixed Operating Costs _.<br>A) Are not included

Q28: Under the accrual method of accounting transactions

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines