What defines an "expense" account in OneStream?

An "expense" account in OneStream is defined as accounts that track the costs incurred by a company during its operations. These accounts are essential for understanding the financial performance of a business because they record all the expenditures related to the normal operations, such as salaries, rent, utilities, and materials.

Expense accounts provide crucial insights into how resources are being utilized and help in determining the profitability of operations. By analyzing these accounts, management can identify trends in spending and make informed financial decisions to improve efficiency and reduce unnecessary costs. This distinction is vital in financial reporting and budgeting, allowing companies to plan for future expenditures.

The other choices pertain to different types of accounts that do not align with the definition of an expense account. Revenue accounts track the income generated from sales, asset accounts represent the resources that a company owns, and investment accounts are typically related to the capital invested for future returns. Thus, understanding that expense accounts specifically reflect costs is key to grasping the broader concept of financial accounting in OneStream.