Which of the following is one of the largest expenditures of service companies?
A)Production costs
B)Marketing costs
C)Labor costs
D)Distribution costs

Question

Quizplus · Accepted Answer

Labor costs are typically one of the largest expenditures for service companies, as these businesses rely heavily on employees to provide the services they offer. While marketing and distribution costs may also be significant, they are generally not as large as labor costs. Production costs, on the other hand, are usually associated with manufacturing or other types of businesses that produce physical goods, and are therefore not relevant to service companies.

Which of the Following Is One of the Largest Expenditures