ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the followings is categorised as other expenses?
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renovation
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signboard
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utilities
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grand openings
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Explanation:
Detailed explanation-1: -You might think expenses are expenses. If the money’s going out, it’s an expense. But here at Fiscal Fitness, we like to think of your expenses in four distinct ways: fixed, recurring, non-recurring, and whammies (the worst kind of expense, by far).
Detailed explanation-2: -Operating expenses-also known as selling, general and administrative expenses (SG&A)-are the costs of doing business. They include rent and utilities, marketing and advertising, sales and accounting, management and administrative salaries.
There is 1 question to complete.