Which of the Following Is NOT an Operating Expense

question 21

Multiple Choice

Which of the following is NOT an operating expense?

• A) Rent
• B) Cost of goods sold
• C) Depreciation
• D) Utilities
• E) Wages

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Definitions:

Profitability

The ability of a business or activity to generate more revenue than the expenses incurred, resulting in financial gain.

Products and Services

Refers to the combination of goods (physical items) and services (intangible offerings) that a company provides to consumers.

DiversityInc

An organization that focuses on promoting and recognizing diversity and inclusion in the corporate environment.

Diversity Practices

Strategies and policies implemented by organizations to create an inclusive workplace that respects and values differences among employees.