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:

Acid Deposition

A broad term that includes any form of precipitation with acidic components, such as sulfuric or nitric acid, falling to the ground from the atmosphere.

CFCs

Chlorofluorocarbons, man-made chemical compounds once commonly used in aerosols and refrigerants, known to deplete the ozone layer.

Spray Cans

Aerosol containers that dispense liquid material as a fine spray, commonly used for products like paint, deodorant, or insecticide.

Air Conditioners

Devices designed to remove heat and humidity from an interior space, improving comfort and air quality.