Operating Expenses Include ________

question 129

Multiple Choice

Operating expenses include ________.

• A) cost of goods sold
• B) expenses that occur in an entity's major line of business
• C) cost of goods sold, selling expenses, and administrative expenses
• D) loss on sale of plant asset

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Definitions:

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.