Which Item Would Not Be Classified as an Operating Expense

question 40

Multiple Choice

Which item would not be classified as an operating expense?

• A)Interest expense.
• B)Rent expense.
• C)Depreciation.
• D)Repairs and maintenance.

Comprehend the significance of the hematocrit measurement in medical diagnosis.

Know the different blood groups and the concept of universal donors and recipients.

Understand the importance of grammar, spelling, and clarity in business communication.

Recognize the impact of visual elements like typeface and design on the tone and professionalism of a message.

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Definitions:

Annual Payments

Payments that are made once a year for various purposes, such as loan repayments, insurance premiums, or leases.

Note Payable

A written agreement where a borrower promises to pay back a certain sum of money to a lender at a future date, often with interest.

Discounted

The method of calculating the current value of a single payment or a series of future payments.

Interest Periods

Specific intervals of time over which interest is calculated and paid on financial investments or charged on loans.