Selling expenses are considered to be a type of
A) current liability.
B) general expense.
C) prepaid expense.
D) operating expense.
E) fixed liability.

Question

Quizplus · Accepted Answer

Selling expenses are typically considered to be an operating expense, as they arise from the day-to-day activities involved in selling a company's products or services. This could include advertising and promotional expenses, sales commissions, salaries and wages for sales staff, and other costs related to the sales process. While these expenses are not specific to any particular product or service, they are necessary for a company to generate revenue and maintain its operations.

Selling Expenses Are Considered to Be a Type of