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Operating Expenses: Definition, Formula & Examples Video

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What are the two typical categories of operating expenses?

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1. On which financial statement is operating expenses reported?

2. What is the purpose of operating expenses?

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About This Quiz & Worksheet

This quiz and worksheet combo can help check your knowledge of operating expenses. You will be quizzed on marketing and administrative expenses and why calculating them is important.

Quiz & Worksheet Goals

This quiz and worksheet combo can help you review:

  • Typical categories of operating expenses
  • Purpose of operating expenses
  • Income statements
  • Examples of marketing expenses
  • Examples of administrative expenses

Skills Practiced

This quiz and worksheet combo can help you practice the following skills:

  • Information recall - access the knowledge you have gained regarding marketing expenses
  • Knowledge application - use your knowledge to answer questions about administrative expenses
  • Problem solving - use acquired knowledge to solve marketing practice problems

Additional Learning

To learn more about marketing expenses, review the corresponding lesson on Calculating Operating Expenses: Definition, Formula & Examples. This lesson will help you:

  • Identify examples of marketing expenses
  • Compare and contrast marketing expenses and administrative expenses
  • Calculate operating expenses
  • Determine the purpose of operating expenses
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