Which of the Following Is Not Reported as an Operating

question 115

Multiple Choice

Which of the following is not reported as an operating expense on the income statement?

• A)Salaries expense
• B)Rent expense
• C)Interest expense
• D)Advertising expense

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Definitions:

Personnel Supply Requirements

This involves determining the quantity and quality of employees available in the market that meet the organization's needs.

Renewal Model

A mathematical model used in operations research and statistics to analyze the times between events in a process where each event renews the process afresh.

Probabilistic Model

A statistical model that incorporates randomness and uncertainty, and uses probabilities to predict outcomes.

Stochastic Model

A model that incorporates randomness and unpredictability, often used in various fields to simulate the behavior of complex systems under uncertainty.