Which of the following is the definition of an expenditure ?

Money spent continually to keep a business operating

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definition quiz

Jenin Calo 3 questions

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1Which of the following is the definition of an expenditure ?
1. AMoney a business spends
2. BMoney a business receives
3. CMoney spent continually to keep a business operating
2A fixed cost varies to the amount of products the business sells.
1. ATrue
2. BFalse
3Rent is usually a [blank_start]fixed[blank_end] cost because it does not change regardless of the level of activity or the number of items made or sold.
1. Afixed
2. Bvariable
3. Cindirect
4. Ddirect