Which one of the following auto expenses represents a cost of operations?
A)Loan payments
B)Gasoline
C)Depreciation
D)Sales tax and titling

Question

Quizplus · Accepted Answer

Gasoline represents a cost of operations because it is a recurring expense directly related to the use of the car. Loan payments and depreciation are considered capital expenses, while sales tax and titling are one-time expenses related to the purchase of the car.

Which One of the Following Auto Expenses Represents a Cost