Which of the following is NOT considered a startup expenditure? A) Accounting fees B) Research expenses C) Logo design D) Travel expenses
Understand the Problem
The question is asking to identify which item from the list is not classified as a startup expenditure. To solve this, we will need to evaluate each option to determine its classification as a startup cost.
Answer
Travel expenses
Travel expenses are not considered a startup expenditure.
Answer for screen readers
Travel expenses are not considered a startup expenditure.
More Information
Travel expenses, unlike accounting fees, research expenses, and logo design, are often considered operating expenses once a business is established rather than initial startup costs.
Tips
Common mistakes include assuming any initial cost is a startup expenditure rather than distinguishing between initial one-time costs and ongoing operational costs.
Sources
- Which of the following is NOT considered a start-up cost - CliffsNotes - cliffsnotes.com
- Your Guide to the Startup Costs Deduction | Old National Bank - oldnational.com
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