What are the two main types of operating expenses?
A) production and general and administrative
B) production and office
C) selling and general and administrative
D) office and selling

Question

Quizplus · Accepted Answer

The two main types of operating expenses are selling expenses (costs related to marketing and selling products) and general and administrative expenses (costs related to managing the business as a whole). Option A and B are not accurate, as they include only one of the two main categories. Option D is also not accurate, as it combines two different expenses that are both part of the general and administrative category.

What Are the Two Main Types of Operating Expenses