Which of the Following Expenses Is Usually Listed Last on the Statement

question 126

Multiple Choice

Which of the following expenses is usually listed last on the statement of earnings?

• A) Advertising expense
• B) Cost of sales
• C) General administrative expenses
• D) Income tax expense

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Definitions:

Perfect Body

An idealized concept of what a human body should look like, often culturally influenced and unrealistic.

Duty Of Loyalty

A legal obligation of individuals in certain positions to act in the best interests of another party or entity, often seen in corporate governance and employment.

Duty Of Care

A legal obligation to avoid causing harm and to act with a standard of reasonable care towards others.

Violation

An act of breaking or failing to comply with a set of rules or laws.