The Two Main Types of Operating Expenses Are

question 126

Multiple Choice

The two main types of operating expenses are:

• A)production and general and administrative
• B)production and selling
• C)selling and general and administrative
• D)office and selling
• E)maintenance and production

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Definitions:

Acid-test Ratio

A stringent indicator of a company's ability to quickly convert its short-term assets into cash to cover short-term liabilities, excluding inventory.