Expenses of promoting sales by displaying and advertising merchandise, making sales, and delivering goods to customers are:
A) General and administrative expenses.
B) Cost of goods sold.
C) Selling expenses.
D) Purchasing expenses.
E) Nonoperating activities.

Question

Quizplus · Accepted Answer

Selling expenses are the expenses incurred in promoting sales, such as displaying and advertising merchandise, making sales, and delivering goods to customers. General and administrative expenses are not directly related to selling activities, while cost of goods sold and purchasing expenses are related to the production and procurement of goods, respectively. Nonoperating activities are not related to the regular business operations.

Expenses of Promoting Sales by Displaying and Advertising Merchandise, Making