Which One of the Following Is NOT Included in Operating

question 45

Multiple Choice

Which one of the following is NOT included in operating income?

• A) sales
• B) depreciation
• C) interest expense
• D) cost of goods sold
• E) other operating expenses

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Definitions:

Profit Maximization

The process by which a firm determines the price and output level that returns the greatest profit, considering the cost and demand functions.

Human Capital

The grouped skillset, awareness, or subtle properties of individuals that can be utilized to create financial benefits for the individuals, the organizations they work for, or their local communities.

Discriminated

Treated unfairly or prejudicially against an individual or group based on characteristics such as race, age, sex, or religion.

Performance Reviews

Formal assessments where an employee's job performance is evaluated, typically by their manager, against agreed standards.