Expenses classified by nature would not include:
A)manufacturing expenses
B)employee benefits expenses
C)depreciation expense
D)wages and salaries expense

Question

Quizplus · Accepted Answer

Expenses classified by nature generally refer to expenses that are related to the type of business activity being conducted, such as cost of goods sold or operating expenses. Manufacturing expenses would fall under this category. Employee benefits expenses, depreciation expenses, and wages and salaries expenses would all be classified by nature as they are related to the operation of the business.

Expenses Classified by Nature Would Not Include