Which of the Following Is NOT an Operating Expense

question 98

Multiple Choice

Which of the following is NOT an operating expense?

• A)Interest expense
• B)Depreciation and amortization
• C)Selling,general and administrative expenses
• D)Research and development

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Definitions:

Means-Tested

A method for determining whether an individual or family is eligible for government assistance based on their income and assets.

Income Level

The amount of money earned by an individual or household over a certain period, influencing purchasing power and economic status.

In-Kind Benefits

Benefits provided in the form of goods or services, such as food aid or healthcare, rather than money.

Rising Income Gap

The increasing disparity in income and wealth between the richest and poorest members of society, highlighting growing economic inequality.