Which of the Following Is NOT Considered to Be an Operating

question 70

Multiple Choice

Which of the following is NOT considered to be an operating expense on the income statement?

• A) administrative expenses and overhead
• B) corporate taxes
• C) salaries
• D) depreciation and amortization

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Definitions:

Enzymes

Substances of biological origin that greatly enhance the speed of most chemical interactions happening in cellular environments.

Enzymatically Catalyzed

A process facilitated by enzymes to speed up chemical reactions in biological systems.

Inversely Proportional

A relationship between two variables where as one variable increases, the other decreases at a consistent rate, and vice versa.

Enzyme Concentration

The amount of enzyme present in a solution, which affects the rate of enzyme-catalyzed reactions.