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    Financial Accounting Study Set 20
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    Exam 3: Operating Decisions and the Accounting System
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    Which of the Following Expenses Does Not Affect Operating Income
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Which of the Following Expenses Does Not Affect Operating Income

Question 15

Question 15

Multiple Choice

Which of the following expenses does not affect operating income?


A) Income tax expense.
B) Cost of goods sold.
C) Depreciation expense.
D) Rent expense.

Correct Answer:

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