Which of the following is an example of a loss?
A)the cost of a product delivered to a customer
B)the cost of a delivered advertising campaign
C)the cost of the purchase of equipment
D)the write-off of an obsolete product

Question

Quizplus · Accepted Answer

The write-off of an obsolete product represents a loss as it is an expense incurred due to inventory that cannot be sold and has no value. The other options listed are expenses or investments in assets, but not losses.

Which of the Following Is an Example of a Loss