Operating expenses included all of the following EXCEPT
A) advertising.
B) depreciation.
C) rent.
D) loss on sale of equipment.

Name: Operating expenses included all of the following EXCEPT A) advertising. B) depreciation. C) rent. D) loss on sale of equipment.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Loss on sale of equipment is not considered part of operating expenses as it is a one-time event and not a recurring expense. Advertising, depreciation, and rent are all considered operating expenses.

Operating Expenses Included All of the Following EXCEPT