Finance Dictionary
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Word Of The Day
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Administrative Expenses
What Are Administrative Expenses? Administrative expenses are the general overhead costs that a business incurs in the normal course of operations, which are not directly tied to the production of goods or services. These expenses support the overall infrastructure and day-to-day functioning of the organization and typically include items such as salaries of corporate staff (like executives, HR, and finance teams), office rent, utilities, insurance, legal and professional fees, and depreciati...
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Administrative Expenses
What Are Administrative Expenses? Administrative expenses are the general overhead costs that a business incurs in the normal course of operations, which are not directly tied to the production of goods or services. These expenses support the over...
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