Which of the Following Is NOT a Cost to Sell

question 25

Multiple Choice

Which of the following is NOT a cost to sell?

• A) commissions to brokers
• B) transfer taxes and duties
• C) levies by regulatory agencies
• D) transport costs to get assets to a market

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Definitions:

Operating Activities

Activities that constitute the primary or main activities of a business, like sales, provision of services, production, etc., which are reflected in the cash flow from operating activities in the financial statements.

Net Income

The amount of money a company earns after deducting all its expenses, taxes, and costs from its total revenue.

Net Cash

The net cash position resulting from deducting cash outflows from cash inflows.

Investing Activities

Financial transactions related to the purchase and sale of long-term assets and other investments, reflecting how a company allocates its resources to generate future growth and income.