What are short-term expenses used to support current production and selling expenses?
A) operating expenses
B) managerial expenses
C) administrative expenses
D) general expenses

Question

Quizplus · Accepted Answer

Operating expenses are expenses incurred in the day-to-day operations of a business to support current production and selling expenses, such as salaries, rent, utilities, and supplies. Managerial expenses, administrative expenses, and general expenses may also support production and selling, but they are not specifically short-term expenses related to day-to-day operations.

What Are Short-Term Expenses Used to Support Current Production and Selling