Expenses That Fall Outside the Regular Operations of a Business

question 98

Multiple Choice

Expenses that fall outside the regular operations of a business are ________.

• A) generally a substantial part of net income
• B) recorded in the Owner, Capital account
• C) included under the other income and expenses section of the income statement
• D) not considered for the calculation of net income

---

Definitions:

Industrial Workers

Individuals employed in sectors involving manufacturing, construction, and other forms of physical labor or production, often engaged in producing goods.

Craft Unionism

A labor movement approach focusing on organizing workers from the same craft or trade into a single union to negotiate for better conditions and wages.

Labor Party

A political party that represents the interests of the working class and supports labor unions, advocating for policies beneficial to workers and trade unions.

AFL Unions

Organizations affiliated with the American Federation of Labor, representing a coalition of trade unions.