ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of these is NOT a personal expense?
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Gasoline
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Cosmetics
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Wi-fi/Internet
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Coffee/Tea
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Explanation:
Detailed explanation-1: -Examples of expenses include rent, utilities, wages, salaries, maintenance, depreciation, insurance, and the cost of goods sold.
Detailed explanation-2: -Types of Expenses non-operating and fixed vs. variable.
Detailed explanation-3: -Cost of goods sold for ordinary business operations. Wages, salaries, commissions, other labor (i.e. per-piece contracts) Repairs and maintenance. Rent. Utilities (i.e. heat, A/C, lighting, water, telephone) Insurance rates. Payable interest. Bank charges/fees. More items •03-Feb-2023
There is 1 question to complete.