Which of the following would NOT be included in Operating expenses?
A) Executive salaries
B) Purchase discounts
C) Rent on the home office building
D) Office employee salaries

Question

Quizplus · Accepted Answer

Purchase discounts are reductions in the price paid for goods or services and are not considered an operating expense. Operating expenses are costs associated with running the day-to-day operations of a business, such as salaries, rent, and utilities, but not the reductions in cost of goods purchased.

Which of the Following Would NOT Be Included in Operating