Nondepartmentalized expenses include items often found under "Other Income and Other expense".

Question

Quizplus · Accepted Answer

Nondepartmentalized expenses refer to expenses that do not belong to a specific department or function within an organization. These expenses are often categorized under "Other Income and Other expense" in financial statements. Therefore, the statement "Nondepartmentalized expenses include items often found under 'Other Income and Other expense'" is true.

Nondepartmentalized Expenses Include Items Often Found Under "Other Income and Other