Consider the following activities which take place in a veterinary clinic.
(a.) cleaning cages
(b.) heating and air conditioning the clinic
(c.) sending blood work to a lab
(d.) dispensing medicine
which of the following statements is(are) true?
question 18 options:
service entities cannot use abc for overhead allocation.
cleaning cages is a facility level activity.
dispensing medicine is a facility level activity.
heating and air conditioning the clinic is a facility level activity.
sending blood work to a lab is a facility level activity.

A. economic resources to be used or turned into cash within one year. b. reports assets, liabilities, and stockholders' equity. c. decrease assets; increase liabilities and stockholders' equity. d. increase assets; decrease liabilities and stockholders' equity. e. an exchange or event that has a direct and measurable financial effect. f. accounts for a business separate from its owners. g. the principle that assets should be recorded at their original cost to the company. h. a standardized format used to accumulate data about each item reported on financial statements. i. the basic accounting equation. j. the two equalities in accounting that aid in providing accuracy. k. the account credited when money is borrowed from a bank using a promissory note. l. cumulative earnings of a company that have not yet been distributed to the owners. m. every transaction has at least two effects. n. amounts presently owed by the business. transaction, separate entity assumption, balance sheet, liabilities, assets, current assets, notes payable, duality of effects, retained earnings, debit.