Which of the following is NOT considered to be an operating expense on the income statement?
A) administrative expenses and overhead
B) corporate taxes
C) salaries
D) depreciation and amortization

Question

Quizplus · Accepted Answer

Operating expenses are the expenses that are incurred in the regular business operations, such as salaries, administrative expenses, depreciation and amortization. Corporate taxes, on the other hand, are not considered to be part of operating expenses as they are a result of the company's profitability and not directly related to regular business operations. Corporate taxes are typically recorded as non-operating expenses on the income statement.

Which of the Following Is NOT Considered to Be an Operating