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  3. Study Set
    Managerial Accounting Study Set 23
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    Exam 1: Managerial Accounting and Cost Concepts
  5. Question
    The Salary Paid to the President of a Company Would
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The Salary Paid to the President of a Company Would

Question 50

Question 50

Multiple Choice

The salary paid to the president of a company would be classified on the income statement as a(n) :


A) administrative expense.
B) direct labor cost.
C) manufacturing overhead cost.
D) selling expense.

Correct Answer:

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