1
Question
________ = exp paid + o/s expense - prepaid exp.
________ = exp paid + o/s expense - prepaid exp.
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Solution
The correct option is A Total Expense
Total Expenses means for any period for which such Total Expenses are being determined, the sum of the total gross cash expenditures of the Company or any subsidiary during such period, including all operating expenses, incentive fees, interest expense and taxes.
Total Expenses means for any period for which such Total Expenses are being determined, the sum of the total gross cash expenditures of the Company or any subsidiary during such period, including all operating expenses, incentive fees, interest expense and taxes.
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