Definition

Administrative expenses

Administrative expenses (sometimes called general expenses) are those expenses which are related to general operating activities such as personnel management, accounting, and store security.

Share it:  Cite

More from this Section

  • Receivables turnover
    Receivables turnover is a measure of the liquidity of receivables during the period; computed ...
  • Net income
    Net income is the amount of profit that a company earned during an accounting period. ...
  • Fiscal year
    ...
  • Straight-line
    Under the straight-line method, companies expense the same amount of depreciation for ...
  • Process cost system
    Process cost system is a system of accounting used when a large quantity of similar products ...