Difference between revisions of "General and Administrative (G&A) Expense"
From Knowledge base
(Created page with " “General and administrative (G&A) expense” means any management, financial, and other expense which is incurred by or allocated to a business unit and which is for the g...") |
|||
| Line 9: | Line 9: | ||
| − | [[Category: FAR 2 | + | [[Category:FAR 2 - Definitions]] |
[[Category: Definitions]] | [[Category: Definitions]] | ||
Revision as of 06:18, 13 September 2013
“General and administrative (G&A) expense” means any management, financial, and other expense which is incurred by or allocated to a business unit and which is for the general management and administration of the business unit as a whole. G&A expense does not include those management expenses whose beneficial or causal relationship to cost objectives can be more directly measured by a base other than a cost input base representing the total activity of a business unit during a cost accounting period. [1]
Examples of G&A costs are the presidents salary, the accounting function, and sales and marketing.
References and Notes
- ↑ FAR 2.1
