ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is an example of a running cost?
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Market research
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Legal advice
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Utilities
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Opening stock
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Explanation:
Detailed explanation-1: -Common operating costs in addition to COGS may include rent, equipment, inventory costs, marketing, payroll, insurance, and funds allocated for research and development. Operating costs can be found and analyzed by looking at a company’s income statement.
Detailed explanation-2: -Salary and benefits. Rent or property purchase costs. Advertising and marketing fees. Licensing fees. Property taxes. Utility costs. Vehicle maintenance. Direct materials costs. More items •10-Mar-2023
There is 1 question to complete.