Which of the Following Is Most Likely the Largest Expense

question 29

Multiple Choice

Which of the following is most likely the largest expense of a bank?

• A)Income taxes
• B)Occupancy expense
• C)Salaries
• D)Interest on loans
• E)Interest on deposits

Grasp the various types of data tags (base, alias, consumed, produced) and the purpose of each within a control system.

Identify the major components of a project and understand the conceptual framework of a CLX system configuration.

Learn about the data types and structures used in PLC programming, including predefined, module-defined, and user-defined types.

Understand the purpose and configuration of different routine types within a CLX project.

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Definitions:

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales revenue.

Operating Expenses

Costs related to the day-to-day functions of a business, excluding the cost of goods sold.

Net Income

The amount of money a company earns after all expenses, taxes, and costs have been subtracted from total revenue.

Periodic Inventory System

A method of inventory valuation in which updates to inventory levels and cost of goods sold are made periodically, such as at the end of the fiscal year.