Expenses That Support the Overall Operations of a Business and Include

question 63

Multiple Choice

Expenses that support the overall operations of a business and include the expenses relating to accounting,human resource management,and financial management are called:

• A)Cost of goods sold.
• B)Selling expenses.
• C)Purchasing expenses.
• D)General and administrative expenses.
• E)Non-operating activities.

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Definitions:

Mutual Duties

Obligations or responsibilities that are shared reciprocally between parties in a contract or agreement.

Performance

The execution or accomplishment of a task, contract, or duty as required or agreed.

Tender

An offer to perform an obligation or to pay an amount specified in a contract.

Full Performance

The complete execution of all terms and obligations specified in a contract or agreement.