Which of the Following Is Not Reported as an Operating

question 48

Multiple Choice

Which of the following is not reported as an operating expense on the income statement?

• A)Wages expense.
• B)Rent expense.
• C)Interest expense.
• D)Cost of goods solD.Interest expense is the result of borrowing money and not of day-to-day operations of making and/or selling products and/or services.Therefore, interest expense is not listed as an operating expense.

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Bar Charts

A graphical representation of data using rectangular bars to show the comparative sizes of various categories.

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The emotional colorings or associations that accompany a word.

Healthcare Professionals

Qualified individuals providing services related to the maintenance or improvement of health, including diagnosis, treatment, and prevention of disease.

Financial Managers

Professionals responsible for managing the financial health of an organization, including planning, directing, and controlling financial activities.