Rents, Salaries, Utilities, and Insurance Are Examples of Operating Expenses

question 132

True/False

Rents, salaries, utilities, and insurance are examples of operating expenses.

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Definitions:

Corporate Giving

financial or in-kind contributions made by companies to non-profit organizations or communities to support social, environmental, or cultural projects.

Altruism

The principle or practice of concern for the welfare of others, often manifested through selfless acts or donations.

Self-Directed Giving

A philanthropic approach where donors independently select and support causes or organizations without intermediary influence or direction.

Nucleus Fund

A central pool of money that serves as the foundational investment to start or significantly support a project or venture.