24
QuizMultiple Choice

Profit — Quiz

Question 24 • Personal Finance and Economics

Clark’s Cleaners is a housekeeping service. The company’s expenses include the

Answer
A
amount of money the company earns from an individual cleaning.
B
money the company earns after paying all of its production costs.
C
total amount of money the company receives from its customers.
D
cleaning supplies and any equipment the company purchases.

Explanation

Expenses are the costs a business pays to operate. For Clark’s Cleaners, cleaning supplies and equipment are costs the company purchases, so choice D is correct. The other choices describe revenue or earnings rather than expenses.

AI-written and checked against the verified answer.

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