Which of the following is an operating expense?
A) Interest Expense
B) Purchases Returns and Allowances
C) Salaries Expense
D) Prepaid Insurance Expense

Name: Which of the following is an operating expense? A) Interest Expense B) Purchases Returns and Allowances C) Salaries Expense D) Prepaid Insurance Expense
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Question

Quizplus · Accepted Answer

Salaries Expense is considered an operating expense because it is a cost directly associated with the day-to-day operations of a business.

Which of the Following Is an Operating Expense