Depreciation expense is in what broad category of expenditures?
A) operating expenses
B) general and administrative expenses
C) debt interest expense
D) tax expenditures

Question

Quizplus · Accepted Answer

Depreciation expense is a type of operating expense that is incurred as a result of the wear and tear of assets used in business operations. This expense is deducted from revenue to calculate net income, which is used to assess the profitability of a company.

Depreciation Expense Is in What Broad Category of Expenditures