SEM II 3.02 Expenses Question Preview (ID: 6392)
SEM II 3.02 Expenses.
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A gala post-awards party was organized for the recipients and sponsors of the annual charity event. The expense for this affair would be categorized as:
a) Administrative
b) Event
c) Talent
d) Travel
A social event honoring the professional golfers who raised money for the charity tournament was held at the Hyatt Regency. The expense for this party would be categorized as:
a) administrative
b) advertising
c) event
d) facility
A local top 40 band was hired to provide entertainment at a social function following the tennis tournament. This is an example of which category of expenses?
a) administrative
b) event
c) production
d) travel
A generous prize purse was offered to the top race finishers and those runners setting course records. The prize purse is an example of which category of expenses?
a) administrative
b) event
c) production
d) travel
The film crew in Wilmington was hired for a four-week contract. They were paid an allowance for their daily expenses. This is an example of which category of expenses?
a) administrative
b) event
c) production
d) travel
You hire extra staff to work the charity golf tournament. This expense is part of which budgetary expense?
a) administrative
b) talent
c) event
d) production
The government mandates worker compensation coverage for employees. These insurance premiums are expenses categorized as:
a) Accessibility.
b) Administrative
c) Compensation
d) Staffing
Expenses for the figure skating judges and officials at a national championship would be categorized as which type of expense?
a) Administrative
b) Event
c) Production
d) Travel
Sixty percent of monies are allocated for player/personnel. This is an example of companies defining:
a) advertising expenses
b) Annual costs of doing business.
c) Facility expenses.
d) Monthly production costs
You hire extra staff to work the charity golf tournament. This expense is part of which budgetary expense?
a) administrative
b) talent
c) event
d) production
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