Expenses of a business include:

Question

Quizplus · Accepted Answer

The cost of products and services that a business sells is a direct expense and salaries are an indirect expense. Both are considered part of the expenses of the business. A) Sales and cash equivalents are not expenses, they are typically considered revenue. B) Common stock is not an expense and rent expense is only an expense if the business rents a facility. D) Retained earnings are not an expense, they are a portion of a company's profits that are kept for future use. Utilities expense is an expense that some businesses may have, but it is not the only type of expense.

Expenses of a Business Include