A college student is thinking about running an ice-cream truck over the summer.Which of the following would likely be an ongoing expense of the business?
A) The cost of the truck
B) The cost of the gasoline used
C) The cost of ice cream scoopers
D) None of these is an ongoing expense.

Question

Quizplus · Accepted Answer

The cost of gasoline used would be an ongoing expense as the truck would need to be continually fueled to drive around and sell ice cream. The cost of the truck is a one-time expense and the cost of ice cream scoopers would likely be a minor expense that would not need to be continually restocked. Therefore, B is the best choice.

A College Student Is Thinking About Running an Ice-Cream Truck