_______ expenditures are expenses incurred as a result of the normal business operations.The salaries/wages of employees,the purchase of raw materials for the fabrication of products,the costs of shipping products from point A to point B,or the costs of advertising campaigns,are examples of such expenses.
A) Asset-based
B) Working
C) Operating
D) Functioning
E) Past

Question

Quizplus · Accepted Answer

Operating expenditures, also known as operating expenses, refer to the costs incurred in the normal course of business operations, such as salaries/wages, raw materials, shipping, and advertising. Asset-based expenditures are related to the acquisition and maintenance of assets, such as property, plant, and equipment. Working expenditures are related to short-term funding needs, such as inventory and accounts payable. Functioning and Past expenditures are not standard accounting terms.

_______ Expenditures Are Expenses Incurred as a Result of the Normal