The costs associated with running a business are called:
A) operating expenses
B) net costs
C) net loss
D) gross margin

Name: The costs associated with running a business are called: A) operating expenses B) net costs C) net loss D) gross margin
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Question

Quizplus · Accepted Answer

Operating expenses refer to the costs that a business incurs as a result of its normal operations, such as rent, utilities, salaries, and advertising expenses. These expenses are subtracted from revenues to calculate a company's net income.

The Costs Associated with Running a Business Are Called