Which of the following is a classification of expenses using the nature approach?
A)cost of goods sold
B)postage expense
C)sales expense
D)administration expense

Question

Quizplus · Accepted Answer

Postage expense is a classification of expenses using the nature approach because it is an expense that is incurred in the normal course of business and is not directly related to the production of goods or services.

Which of the Following Is a Classification of Expenses Using