The cost of repairing a machine damaged during installation should be charged as an operating expense.

Question

Quizplus · Accepted Answer

Any expenses incurred during the normal course of business, such as repairing a machine damaged during installation, should be charged as operating expenses. This is because operating expenses are costs associated with the day-to-day operations of a business and are necessary to keep the business running.

The Cost of Repairing a Machine Damaged During Installation Should