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Which of the following is a noncash item?
A. Depreciation expense.
B. Interest expense.
C. Administrative expense.
D. Income tax expense.
Answer: D
Explanation:
Expenses are defined as decreases in economic benefits during the accounting period in the forum of outflows or depletions of assets or incurrences of liabilities that result in decreases in equity, other than those relating to distributions to equity participants." Expense includes losses. Thus, losses are not treated as separate elements. Expenses include items arising in the course of ordinary activities. Losses meet the definition of expenses but may or may not occur in the course of ordinary activities. For example, losses may result from the sale of noncurrent assets of from natural disasters.
Refer to the exhibit.
Which two letters represent input connections on the Cisco TelePresence Codec C90? (Choose two.)
A. B
B. D
C. A
D. E
E. C
Answer: B,C
A. Option A
B. Option E
C. Option B
D. Option D
E. Option C
Answer: C,D
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