Expenses to promote sales by displaying and advertising merchandise, make sales, and deliver goods to customers are known as:
A) Cost of goods sold.
B) Selling expenses.
C) Non-operating activities.
D) Purchasing expenses.
E) General and administrative expenses.

Question

Quizplus · Accepted Answer

The expenses described in the question pertain to selling expenses, as they refer to the costs associated with promoting sales and delivering goods to customers. Cost of goods sold refers to the direct costs associated with producing the goods themselves, while purchasing expenses refer to the costs associated with acquiring or buying the goods that are being sold. Non-operating activities and general and administrative expenses are both unrelated to the specific costs of making sales and delivering goods.

Expenses to Promote Sales by Displaying and Advertising Merchandise, Make