Question

Expenses that need to be paid before a new business can open are called

O operating expenses
O start-up costs
O ending Inventory
Po beginning inventory

Answer 1

O start-up costs

Step-by-step explanation:

Start-up costs are the expenses incurred in setting up a business. They include registration fee, legal fee, office rent, inventory, cost of hiring workers, office furniture expenses, and related logistics costs. Start-up costs are also called start-up capital.

Start-up costs are incurred by the business owner. In most cases, start-up costs come from the owner's savings but could also be borrowed funds.