Where should Rose put the administrative expenses for her business when she prepares the financial forecasts?
A)Administrative costs are subtracted from amount of sales.
B)In the operating expenses section.
C)Administrative costs are included in cost of goods sold.
D)In the interest expense section.

Question

Quizplus · Accepted Answer

Administrative expenses are considered operating expenses and should be included in the operating expenses section of the financial forecasts.

Where Should Rose Put the Administrative Expenses for Her Business