Operating expenses would include

Question

Quizplus · Accepted Answer

Operating expenses typically include expenses related to the day-to-day operations of the business, such as selling expenses (e.g. advertising, salaries of sales personnel, rent for sales offices, etc.). Cost of goods sold is not considered an operating expense, as it relates to the cost of producing or purchasing products that are sold. Material but nonextraordinary gains and dividend revenue are not operating expenses at all, but rather are types of revenues that the business earns.

Operating Expenses Would Include