Which of the following expenses incurred by a department store is an a. 18. indirect expense? Insurance on merchandise inventory b. Sales salaries Depreciation on store equipment d. c. Salary of vice-president of finance 19. In a profit center, the manager has responsibility and authority for making decisions that affect: a. Liabilities b. Assets C. investments d. Costs Operating expenses directly traceable to or incurred for the sole benefit of a specific department and usually subject to the control of the department manager are termed: a. miscellaneous administrative expenses b. direct expenses c. indirect expenses d. fixed expenses