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5 January, 01:00

Which of the following expenses is not an operating expense? a. Utilities. b. Property taxes. c. Management. d. Mortgage payment. e. Advertising. Ling, David. eBook Online Access for Real Estate Principles (Mchill-hill/Irwin Series in Finance, Insurance, and Real Estate) (p. 211).

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  1. 5 January, 01:01
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    D) Mortgage payment.

    Explanation:

    Operating expenses are the costs of keeping a company open, usually most fixed costs are operating expenses. Operating expenses do not include production costs. Some operating expenses are SG & A costs, rent, utilities, taxes, etc.

    Any type of loan payment, including mortgage payments, is not an operating expense.
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