Meaning of Operating expenses

How we at Bookkeeping Support Define the Meaning of Operating expenses

The term “operating expenses” refers to the ongoing expenses a firm must pay to keep up with regular activities, including rent, utilities, salaries, and supplies.

How AI Define the Meaning of Operating expenses

Operating expenses are the costs a company incurs to conduct its core business operations, such as wages, rent, utilities, advertising, and other expenses not directly related to the production of goods or services.

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