Which of the following expenses incurred by a department store is an indirect expense?
A) Insurance on merchandise inventory
B) Sales salaries
C) Depreciation on store equipment
D) Salary of vice-president of finance

Question

Quizplus · Accepted Answer

The salary of the vice-president of finance is an indirect expense as it is not directly tied to the store's sales or operations but rather to the overall administration of the company.

Which of the Following Expenses Incurred by a Department Store