Account Manager Assistant Question:
Download Job Interview Questions and Answers PDF
What are selling, general and administrative expenses?
Answer:
These costs are reported as operating expenses on the income statement because they pertain to operating the main business during that accounting period. These costs may have expired, may have been used up, or may not have a future value that can be measured.
Download Assistant Account Manager Interview Questions And Answers
PDF
Previous Question | Next Question |
Explain operating expenses? | Described accrual method? |