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Author Question: The cost of utilities falls under __________________ on the profit and loss statement. a. Cost of ... (Read 27 times)

gbarreiro

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on: Sep 11, 2018
The cost of utilities falls under __________________ on the profit and loss statement.
 
  a. Cost of goods sold
  b. Gross margin
  c. Direct expenses
  d. Indirect expenses
  e. None of the above

Question 2

The profit and loss statement is often referred to as the income statement.
 
  a. True
   b. False


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cuttiesgirl16

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Reply #1 on: Sep 11, 2018
Answer to Question 1

d

Answer to Question 2

a


gbarreiro

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Reply 2 on: Sep 11, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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