Asked by
celyna garcia
on Nov 12, 2024
Verified
Which of the following expenses incurred by a department store is an indirect expense?
A) insurance on merchandise inventory
B) sales salaries
C) depreciation on store equipment
D) salary of vice president of finance
Indirect Expense
Costs not directly linked to the production of goods or services, such as administrative expenses.
Insurance on Merchandise Inventory
A protection coverage for businesses against loss or damage to their stock of goods.
- Acquire knowledge on the apportionment of service department charges and miscellaneous expenses, along with their impact on the performance of individual departments and the entire company.
Verified Answer
MW
Learning Objectives
- Acquire knowledge on the apportionment of service department charges and miscellaneous expenses, along with their impact on the performance of individual departments and the entire company.
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