Multiple choice general knowledge

EBITDA does not include which of the following?

  1. Taxes

  2. Depreciation

  3. Amortization

  4. Expenditure

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It includes Depreciation (B) and Amortization (C) in its name, and Taxes (A) are also included in the calculation. 'Expenditure' (D) is too broad and not a specific line item excluded from EBITDA.