Expenses That Support the Overall Operations of a Business and Include

question 34

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) Administrative expenses.
• E) Nonoperating activities.

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Definitions:

Free Cash Flow

The amount of cash generated by a business after accounting for capital expenditures (like buildings or machinery), essential for assessing the company's capacity to generate profit.

Issues Common Stock

The process by which a corporation sells new shares of its common stock to investors, thereby raising capital.

Decreases

A reduction in the value, amount, or number of something.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, and obsolescence.