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expense vs. option



 
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expense vs. option #1 (permalink) Tue Sep 30, 2008 12:49 pm   expense vs. option
 

Business English Lesson, Advanced Level

ESL/EFL Test #151 "The Balance Sheet", question 7

Current assets will likely be turned into cash or converted into a(n) ......... within a year.

(a) bonus
(b) expense
(c) option
(d) stock

Business English Lesson, Advanced Level

ESL/EFL Test #151 "The Balance Sheet", answer 7

Current assets will likely be turned into cash or converted into a(n) expense within a year.

Correct answer: (b) expense
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Why not option?

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expense vs. option #2 (permalink) Tue Sep 30, 2008 14:52 pm   expense vs. option
 

.
Option is not appropriate to this sentence.

Option: a right to purchase (call) or sell (put) a fixed amount of stock at a specified price and within a certain time limit.
.
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expense vs. option #3 (permalink) Thu Apr 15, 2010 3:26 am   expense vs. option
 

Dear Language Coaches & the other economics experts & clear heads, please decipher what does "expense" stand here for?
Thanks in advance.
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expense vs. option #4 (permalink) Mon Apr 23, 2012 21:35 pm   expense vs. option
 

"converted into an expense within a year" --> It is the case of prepaid expenses.

i.e. "Prepaid expenses are not recognized as expenses, but as assets until one of the qualifying conditions is met resulting in a recognition as expenses." (http://en.wikipedia.org/wiki/Matching_principle).

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