Which of the following is not considered an operating expense

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter2: The Accounting Information System
Section: Chapter Questions
Problem 5MCQ
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Which of the following is not considered an operating expense? a. Administrative expense b. Transportation out c. Advertising expense d. Cost of goods sold
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