18. Under the accrual method of accounting, when should a company recognize expenses?

Group of answer choices

A. When management decides to report them.

B. When they are paid.

C. When they occur, even if cash is paid before or after that time.

D. After they are paid.

20. Which of the following situations would result in a decrease in a companys break-even point?

Group of answer choices

A. Decrease in variable costs per unit

B. Decrease in sales price

C. Increase in variable costs per unit

D. Increase in total fixed costs

23. If the seller agrees to pay the merchandise shipping costs, then the agreed upon shipping terms must be:

Group of answer choices

A. FOB destination point

B. Freight in

C. FOB shipping point

D. FOB transportation