Which of the following is NOT an operating expense?
A) Rent
B) Cost of goods sold
C) Depreciation
D) Utilities
E) Wages

Name: Which of the following is NOT an operating expense? A) Rent B) Cost of goods sold C) Depreciation D) Utilities E) Wages
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Question

Quizplus · Accepted Answer

Cost of goods sold is not an operating expense, it is a direct expense associated with the production of goods or services. Operating expenses include rent, depreciation, utilities, wages, and other expenses incurred in the day-to-day operations of a business.

Which of the Following Is NOT an Operating Expense