Which of the Following Defines General and Administration Expenses

question 17

Multiple Choice

Which of the following defines General and administration expenses?

• A)Costs incurred in getting goods ready for sale,including purchase cost
• B)Costs associated with selling the goods or services of the business
• C)Costs of running the office functions and other costs that do not fit in any other category
• D)Costs associated with borrowing money to operate the business,as well as costs to provide credit to customers,bad debts and discount

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Definitions:

Implicit

Something understood or implied without being stated openly; often refers to unconscious attitudes or beliefs.

Sensory

Relating to or involving the senses or sensation.

Procedural Memory

A type of long-term memory involved in the unconscious memory of skills and how to perform certain procedures.

Working Memory

A form of memory that involves holding, processing, and manipulating information in the short term.