Select all that applyIn the process of selling goods or services, a business incurs operating expenses such as Blank______.Multiple select question.salariesutilitiesbuildingsrent
Question
Select all that applyIn the process of selling goods or services, a business incurs operating expenses such as Blank______.Multiple select question.salariesutilitiesbuildingsrent
Solution
The correct answers are:
- Salaries
- Utilities
- Rent
While a business might own buildings, the building itself is not an operating expense. However, the costs associated with maintaining and using the building, such as utilities and rent, are considered operating expenses. Salaries are also a major operating expense for most businesses.
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