Commissions paid to travel agencies, usually at a rate of 10%, are considered an operating expense, similar to the expense of fees paid to a credit-card company.

Question

Quizplus · Accepted Answer

Commissions paid to travel agencies are considered an operating expense because they are costs incurred during the normal operations of a business, similar to fees paid to credit-card companies for processing transactions.

Commissions Paid to Travel Agencies, Usually at a Rate of 10