If you exchange cash for an item, how do you know whether the item should be considered an asset or an expense? Select one: O a. If the item will decrease cash, the item is an expense. b. If the item will benefit you for a short period of time, the item is an asset. c. If the item will benefit you for several years, the item is an asset. d. If the item will benefit you for several years, the item is an expense.