The cost of running the business,including rent,utilities,administration,salaries,marketing,etc.,is referred to as which of the following?

A) cost of goods sold
B) operating expenses
C) infrastructure costs
D) nonsales costs

Question

Natalie Grey Loverich · Accepted Answer

Final Answer : B, Explanation :  Operating expenses refer to the costs associated with running a business, such as rent, utilities, salaries, marketing, and administrative expenses. Cost of goods sold refers to the expenses directly related to producing and selling a product or service. Infrastructure costs and nonsales costs are not commonly used terms in accounting and finance.

The cost of running the business,including rent,utilities,administration,salaries,marketing,etc.,is referred to as which of the following?

A) cost of goods sold
B) operating expenses
C) infrastructure costs
D) nonsales costs

Definitions

Learning Objectives

Learning Objectives

Related questions

The cost of running the business,including rent,utilities,administration,salaries,marketing,etc.,is referred to as which of the following?A) cost of goods soldB) operating expensesC) infrastructure costsD) nonsales costs

Definitions

Learning Objectives

Learning Objectives

Related questions

The cost of running the business,including rent,utilities,administration,salaries,marketing,etc.,is referred to as which of the following?

A) cost of goods sold
B) operating expenses
C) infrastructure costs
D) nonsales costs