Which of the Following Is NOT an Operating Expense

question 64

Multiple Choice

Which of the following is NOT an operating expense?

• A) Payroll Tax Expense
• B) Interest Expense
• C) Postage Expense
• D) Salaries Expense

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Definitions:

Controlling

In management, it refers to the process of monitoring performance against goals, identifying deviations, and taking corrective action to ensure that business objectives are achieved.

Cash Deficiency

A financial state where the cash available is not sufficient to cover the debts or liabilities owed, indicating potential liquidity problems.

Excess Cash

Funds held by a company that exceed its operational and investment needs, often indicating financial health or the potential for dividends or expansion.

Cash Excess

Situations where an entity has more cash available than is immediately needed for operational expenses.