Question

Largest operating expenses include salaries, wages, utilities, and supplies.

A) True

B) False

Answer 1

The largest operating expenses include salaries, wages, utilities, and supplies.

Step-by-step explanation:

The largest operating expenses include salaries, wages, utilities, and supplies. This statement is true. Salaries and wages are the payments made to employees for their work and are a significant expense for most businesses. Utilities refer to services such as electricity, water, and gas that are essential for the operation of a business. Finally, supplies include items such as office supplies, equipment, and materials necessary for day-to-day operations. These expenses are essential for running a business and can have a significant impact on its profitability.