Which of the Following Is Considered to Be an Expense

question 56

Multiple Choice

Which of the following is considered to be an expense on the income statement?

• A)Accounts payable.
• B)Notes payable.
• C)Wages payable.
• D)Cost of goods solD.Income statements begin with sales less cost of goods sold.

---

Definitions:

4E Framework

A marketing model focusing on Engage, Educate, Experience, and Evaluate to enhance customer connections with a brand or product.

Scented USB Drive

A flash memory storage device that emits a fragrance, combining digital storage with aroma.

Social Media Program

A plan or initiative designed to promote a product, service, or brand across various social media platforms.

LinkedIn

A professional networking platform that allows individuals and companies to connect, share content, and find job opportunities.