Two categories of expenses for merchandising companies are

Question

Quizplus · Accepted Answer

Cost of goods sold and operating expenses are the two main categories of expenses for a merchandising company. Cost of goods sold refers to the direct costs incurred in producing the goods sold by the company, while operating expenses include all other expenses related to running the business, such as salaries, rent, utilities, and marketing expenses. Financing expenses and sales are not categories of expenses.

Two Categories of Expenses for Merchandising Companies Are