The Use of the Term "Other Operating Costs" Is Used

question 32

Multiple Choice

The use of the term "other operating costs" is used to those items of cost in a line-item budget that are not salary and wage related and tend to be indirect costs. Which of the following is NOT an example of other operating costs?

• A) Supplies
• B) Pension
• C) Printing and copying
• D) Travel

Calculate gross profit and prepare related sections of the income statement.

Develop skills in journalizing adjusting entries for inventory shrinkage under perpetual inventory system.

Interpret and journalize transactions involving sales taxes, credit terms, and payment discounts.

Construct a multiple-step income statement, including separation of operating and non-operating activities.

---

Definitions:

Guinea

A country in West Africa, known for its natural resources, diverse ethnic groups, and as the site of the Mandela Plan during the decolonization of Africa.

Minister of Defense

A member of a government in charge of overseeing the armed forces and ensuring national security.

Manslaughter

The unlawful killing of a human being without premeditation or malice aforethought.

Huey Newton

A political activist and co-founder of the Black Panther Party, an organization advocating for African American rights and community self-defense.