Arkansas Barber Practice Exam 2025 – Complete Study Resource

Question: 1 / 400

Business operating expenses are also known as:

assets

liabilities

overhead

Business operating expenses, also referred to as overhead, include all the ongoing costs associated with running a business such as rent, utilities, and employee salaries. Option A, assets, refers to resources that are used to generate income and are expected to provide future economic benefits. Option B, liabilities, refers to debts and obligations owed by a business. Option D, equities, refers to the total value of a business after all liabilities are subtracted from assets. While these may also be important considerations for a business, they do not specifically encompass all the ongoing expenses required for day-to-day operations. Therefore, C overhead is the most accurate description for business operating expenses.

Get further explanation with Examzify DeepDiveBeta

equities

Next Question

Report this question

Download Arkansas State Barber Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy