Which item would not be classified as an operating expense?

A non-operating expense is a cost that isn't directly related to core business operations. Examples of non-operating expenses are interest payments on debt, restructuring costs, inventory write-offs and payments to settle lawsuits.

What are the 4 operating expenses?

Some of the most common operating expenses include rent, insurance, marketing, and payroll.

What is classified as an operating expense?

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.

What are non operating items?

Investment income, gains or losses from foreign exchange, as well as sales of assets, writedown of assets, interest income are all examples of non-operating income items. Some of the non-operating income items are recurring, for example, dividend income, and interest income.

Which of the following is not an operating expense quizlet?

31. Which of the following is not considered an operating expense for appraisal or income tax purposes? Operating expenses include fixed expenses, variable expenses, and reserve for replacements. Mortgage payments, called debt service, are not considered an operating expense.

WHAT IS AN OPERATING EXPENSE ?

Which of the following is not an operating?

The correct answer is Oracle.

Which of the following is an example of operating expense?

The examples of the Operating expenses are legal fees, rent, depreciation, office equipment and supplies, Accounting expenses, insurance, repairs and maintenance expenses, utility expenses like electricity, water, etc., telephone and internet expenses, property taxes, payroll tax expenses, pensions, advertisement ...

What are operating and non operating expenses?

Operating expenses are all the costs you incur to bring a product or service to market. Non-operating expenses are costs that are not related to normal business operations, such a relocation costs or paying off a loan.

Which of the following is not an operating item for the business?

Interest on debenture is not directly associated with the routine business activity, hence its a non operating expense.

What is an example of a non operating asset?

Common non-operating assets include unallocated cash and marketable securities, loans receivable, idle equipment, and vacant land.

Which of the following is not an annual operating expense?

Key takeaways

Costs excluded from operating expenses include mortgage payments, capital expenses, and depreciation expenses.

What are operating expenses quizlet?

operating expense. Any regular expenses associated with the operation of the business, including rent, salaries, utilities, insurance, and depreciation.

What are non operating expenses in balance sheet?

A non-operating expense is a business expense that is not related to a company's core business operations. The most common items that fall under the category include interest expense and loss on the sale of assets.

What are 10 examples of expenses?

Which of the following is not an expense?

Answer and Explanation: The answer is b. Dividends. Dividends are paid from the firm's net income, which is not a business expense.

Which of the following would not be classified as an operating activity?

Payment of dividends would not be classified as an operating activity.

What are the 5 examples of expenses?

What Are Examples of Expenses? Examples of expenses include rent, utilities, wages, salaries, maintenance, depreciation, insurance, and the cost of goods sold.

Which of the following is not an example of operating system?

Detailed Solution. The correct answer is Router. The Router is not an operating system.

Which of the following is not an operating system quizlet?

Which of the following is NOT an operating system? Bendix is NOT an operating system.

Which of these is not a part of the operating system?

Virus protection is the function of Firewall and Antivirus. Hence, it is not the function of an operating system.

What are non-operating accounts?

Non-operating expense, like its name implies, is an accounting term used to describe expenses that occur outside of a company's day-to-day activities. These types of expenses include monthly charges like interest payments on debt and can also include one-time or unusual costs.

What is a non-operating item on the income statement?

Non-operating income is the portion of an organization's income that is derived from activities not related to its core business operations. It can include items such as dividend income, profits, or losses from investments, as well as gains or losses incurred by foreign exchange and asset write-downs.

Which of the following are typically classified as operating expenses quizlet?

Operating expenses: property taxes, hazard insurance, utilities, janitorial, repairs and maintenance, and management expense.

What is non-operating assets in accounting?

A non-operating asset is an asset that is not essential to a business's day-to-day operations. Non-operating assets are ancillary; they may add some value and potential for future revenue, but businesses do not include them in their financial analysis.

What is not included in operating liabilities?

Examples of non-operating liabilities include: Long-term debt due within a year. Capital lease and financing obligations due within a year. Long-term debt.