The Operating Expense Section of an Income Statement for a Wholesaler

question 121

Multiple Choice

The operating expense section of an income statement for a wholesaler would NOT include

• A) office supplies expense.
• B) telephone expense.
• C) cost of goods sold.
• D) insurance expense.

---

Definitions:

Norepinephrine

A neurotransmitter involved in arousal and the fight-or-flight response among other functions.

Serotonin

A neurotransmitter that contributes to feelings of well-being and happiness; it plays a key role in mood regulation, digestion, and sleep.

Reuptake

A process by which neurotransmitters released into the synapse are reabsorbed back into the neuron, effectively stopping their action on adjacent neurons.

Selective Serotonin Reuptake Inhibitors

A class of drugs typically used as antidepressants in the treatment of major depressive disorder and anxiety disorders.