Operating Expenses Are Classified into Two Categories: Selling Expenses and Cost

question 96

True/False

Operating expenses are classified into two categories: selling expenses and cost of goods sold.

---

Definitions:

Writing

The act or process of composing text or content through symbols, particularly in a language, as a form of communication or expression.

Used Shotgun

A pre-owned firearm designed to shoot a number of small diameter pellets, which has been previously owned or utilized by someone else.

Breach of Contract

Breaching any terms and conditions that were mutually agreed upon in a legally enforceable agreement.