menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Financial Accounting Study Set 1
  4. Exam
    Exam 5: Accounting for Merchandising Operations
  5. Question
    Operating Expenses Are
Solved

Operating Expenses Are

Question 163

Question 163

Multiple Choice

Operating expenses are


A) expenses incurred to pay employees.
B) expenses avoided to make a sale.
C) expenses incurred in the process of earning revenue.
D) expenses incurred to calculate gross profit.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q158: Using a perpetual inventory system, the cost

Q159: Using a perpetual inventory system, if Sackville

Q160: Gross profit margin is net sales divided

Q161: When recording a return of a credit

Q162: Listed below are various accounts:<br>1. Merchandise Inventory<br>2.

Q164: On the income statement, a merchandiser would

Q165: Cost of goods sold, in a periodic

Q166: On October 1, Ki's Bicycle Store had

Q167: In a perpetual inventory system, a separate

Q168: In a periodic inventory system, the cost

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines