Which of the Following Costs Is Most Likely to Be

question 95

Multiple Choice

Which of the following costs is most likely to be the largest expense reported on the income statement of a merchandiser,such as Walmart Stores,Inc.?

• A)Utilities expense.
• B)Cost of goods sold.
• C)Advertising expense.
• D)Income tax expense.

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Definitions:

Warning

A cautionary message, often from a compiler or runtime environment, indicating potential issues in code or execution that might not necessarily stop the process.

Exception Handler

A block of code that processes an exception that occurs during the execution of a program and defines a response or recovery action.

ArrayIndexOutOfBoundsException

An error that occurs when an attempt is made to access an array element with an index that is outside the valid range of indices.

RuntimeException

A subclass of Exception in Java that represents exceptions that can occur during the runtime of a program and are not checked exceptions.