Operating expenses include which of the following?
A)cost of goods sold
B)liabilities, deferred expenses, and assets
C)sales expense and administrative and general expenses
D)amortization and interest expense

Question

Quizplus · Accepted Answer

Operating expenses typically include expenses related to running and managing a business, such as sales expense and administrative and general expenses. Cost of goods sold is a separate expense category related to the production and sale of goods, while liabilities, deferred expenses, and assets are typically reflected on a balance sheet. Amortization and interest expense are typically categorized as non-operating expenses.

Operating Expenses Include Which of the Following