Which of the following is NOT considered to be an operating expense on the income statement?

A) administrative expenses and overhead
B) corporate taxes
C) salaries
D) depreciation and amortization


Answer: B

Business

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The classification assertion refers to transactions and events being recorded in the correct accounting period.

Answer the following statement true (T) or false (F)

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A drawing account represents the amount of withdrawals made by the owner

Indicate whether the statement is true or false

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Firms that are engaged in sentiment mining are analyzing data collected from

A. focus groups. B. in-depth interviews. C. observations. D. social media sites. E. experiments.

Business

What is in the middle of Maslow's hierarchy of needs pyramid?

a. social needs b. physiological needs c. safety needs d. esteem needs

Business