Question

Operating expenses are incurred by a business every month, such as salaries and rent.

True
False

Answer 1

True

Step-by-step explanation:

Operating expenses are also indirect expenses. There are the costs that can be attributed to a particular product. Operating expenses are incurred in the day to day running of the business as opposed to the production of goods. Operating expenses facilitate the smooth running of a business. Examples include rent, salaries, marketing, insurance, and research and development costs.