Answered

Which two options are examples of start-up costs? (Choose 2.)
A. Marketing Costs
B. Depreciation
C. Licensing and Permits
D. Loan Interest



Answer :

Certainly! Here are the two options that are examples of start-up costs:

1. Licensing and Permits:
When starting a business, you often need to obtain licenses and permits to legally operate. These costs incurred at the beginning of setting up the business are considered start-up costs.

2. Marketing Costs:
Investing in advertising, promotions, and other marketing activities to introduce your business to potential customers is also a common start-up cost. These expenses are essential for creating awareness and attracting customers to your new venture.

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