Non-operating expenses are found in the
A)asset section of the balance sheet.
B)liability section of the balance sheet.
C)cash flows from financing section of the cash flow statement.
D)income statement.

Question

Quizplus · Accepted Answer

Non-operating expenses are expenses that are not directly related to the primary operations of a business. They are typically found on the income statement, which shows a company's revenues and expenses over a specific period of time. Examples of non-operating expenses include interest expense, loss on the sale of assets, and foreign exchange losses.

Non-Operating Expenses Are Found in the