Which of the following is not an operating expense?
A) Payroll Tax Expense
B) Freight-in
C) Supplies Expense
D) Salaries Expense
Correct Answer:
Verified
Q1: Cost of Goods Sold is calculated on
Q2: Selling expenses include:
A)Advertising Expense.
B)Cost of Goods Sold.
C)Office
Q2: What is the name of the revenue
Q3: Cost of Goods Sold includes:
A)Freight-in.
B)Freight-out.
C)Interest Income.
D)Net Sales.
Q7: Which amount is directly found on the
Q10: In which section does Interest Revenue appear
Q16: Freight-in is
A) a Cost of Selling Goods.
B)
Q17: Which of the following is an operating
Q20: Net Sales - Cost of Goods Sold
Q20: The amount found in the Income Statement
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