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Worldatwork Exam T7 Topic 3 Question 103 Discussion

Actual exam question for Worldatwork's T7 exam
Question #: 103
Topic #: 3
[All T7 Questions]

What are the usual and customary costs that a company incurs to support its main business called?

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Suggested Answer: A

by Tony at Nov 12, 2024, 11:54 PM

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Lashawnda
7 days ago
Haha, I'm just hoping I don't accidentally bubble in C) Current debt and lose all my points. That would be a rookie mistake!
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Francine
16 days ago
I bet the answer is A) Operating expenses. That's what they teach us in Accounting 101 - the costs of daily operations.
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Michael
4 days ago
B) Current liabilities
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Elliott
12 days ago
That's correct! Operating expenses are the usual and customary costs that a company incurs to support its main business.
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Sunny
13 days ago
A) Operating expenses
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Scarlet
23 days ago
I'm not sure, but I think it's D) Total expenses because it includes all costs, not just operating expenses.
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Galen
25 days ago
Hmm, I was going to say A) Operating expenses, but now I'm second-guessing myself. Why do they have to make these questions so tricky?
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Myrtie
28 days ago
B) Current liabilities? Really? That's just the short-term debts, not the actual operational costs.
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Makeda
30 days ago
D) Total expenses seems like the most comprehensive option, but I'm not completely sure.
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Linn
7 days ago
D) Total expenses include all costs incurred by the company, not just operating expenses.
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Beth
15 days ago
B) Current liabilities are different from operating expenses.
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Charlena
17 days ago
A) Operating expenses are the usual and customary costs that a company incurs to support its main business.
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Louvenia
1 months ago
I think the answer is A) Operating expenses. That's the standard term for the regular costs of running a business.
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Edgar
21 hours ago
B) Current liabilities
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Paola
20 days ago
Yes, that's correct. Operating expenses are the usual and customary costs that a company incurs to support its main business.
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Jimmie
22 days ago
A) Operating expenses
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Stevie
1 months ago
I agree with Dan. Operating expenses are the costs incurred to support the main business.
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Dan
1 months ago
I think the answer is A) Operating expenses.
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