Which of the Following Is a Permanent Account

question 169

Multiple Choice

Which of the following is a permanent account?

• A) Wages Expense
• B) Salaries Payable
• C) Service Revenue
• D) Utilities Expense

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Definitions:

Variable Expenses

Costs or expenses that vary in direct proportion to changes in business activity levels, such as sales volumes or production output.

Unit Variable Cost

The cost that varies directly with the production of one additional unit of a product.

Marketing Manager

A professional role responsible for planning, executing, and overseeing marketing strategies and initiatives to promote products, services, or brands.

Monthly Sales

The total revenue generated from sales transactions within a month.