General and Administrative (G&A) Expense
From Knowledge base
“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.
Related Pages
CAS 410 - Allocation of Business Unit General & Administrative Expenses to Final Cost Objectives
References and Notes
- ↑ FAR 2.1
