Operating expenses include which of the following?
A)cost of goods sold
B)liabilities,deferred expenses,and assets
C)sales,general,and administrative expenses
D)amortization and interest expense

Question

Quizplus · Accepted Answer

Operating expenses include all expenses related to the day-to-day operations of a business, such as sales, general, and administrative expenses. Cost of goods sold is not an operating expense, as it is directly related to the production of goods sold. Liabilities, deferred expenses, assets, amortization, and interest expenses are not considered operating expenses either.

Operating Expenses Include Which of the Following