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Which of the following expenses would not appear on a selling and administrative expense budget? A) Sales commissions B) Depreciation C) Property taxes D) Indirect labor
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Jun 13, 2024
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Which of the following expenses would not appear on a selling and administrative expense budget? A) Sales commissions B) Depreciation C) Property taxes D) Indirect labor
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Answer: B) Depreciation
Explanation: Depreciation is charged as an expense. The intent of this is to gradually reduce the carrying amount of its asset as their value is consumed over time.
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