Expenses that CANNOT be traced directly to operations are identified as

Name: Expenses that CANNOT be traced directly to operations are identified as
Brand: Quizplus
Rating: 4.7 (44 reviews)

Question

Quizplus · Accepted Answer

Expenses that cannot be traced directly to operations are classified as other expenses. These costs do not relate to the core business activities and cannot directly be allocated to the production or sale of goods and services. Some examples of other expenses are interest expense, taxes, and loss on asset sales.

Expenses That CANNOT Be Traced Directly to Operations Are Identified