Question

Which of the following is an example of a loss?

the cost of a product delivered to a customer
the cost of a delivered advertising campaign
the cost of the purchase of equipment
the write-off of obsolete inventory

Answer 1

The write-off of obsolete inventory is an example of business loss.

Step-by-step explanation:

The write-off of obsolete inventory is an example of a loss in business.

When a business has obsolete inventory that cannot be sold, it must be written off as a loss on the company's financial statements.

This is because the inventory has no value and cannot generate any revenue for the business.