Practicing Success
Which of the following is not an operating expense? |
Administrative expense Loss by theft Employees benefit expenses None of these |
Loss by theft |
Operating expenses are the expenses incurred by a company during its regular business operations. These expenses are not directly related to the production or acquisition of goods or services but are necessary to run the day-to-day operations of the business. Operating expenses include office expenses, administrative expenses, selling expenses, distribution expenses, depreciation, and employee benefit expenses etc. |