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    Financial Accounting Study Set 22
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    Exam 11: Evaluating Performance: Earnings Quality, the Income Statement, Statement of Comprehensive Income
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    Ongoing Expenses Incurred by the Entity, Other Than the Direct
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Ongoing Expenses Incurred by the Entity, Other Than the Direct

Question 79

Question 79

Multiple Choice

Ongoing expenses incurred by the entity, other than the direct expenses for merchandise, are called:


A) other expenses.
B) extraordinary items.
C) cost of goods sold.
D) operating expenses.

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