Answer:
Cash payments for expenses are asset use transactions because they decrease the organization's cash assets without exchanging them for another asset. Therefore the correct is option D.
Explanation:
When cash payments are made for expenses, this represents an asset use transaction. This is because cash, which is an asset, is being used to pay for the expenses. As a result, the organization's assets decrease as cash is disbursed, which also brings down the net assets, assuming no other changes to the organization's financial position occur simultaneously.
