Administrative expenses, also known as general and administrative expenses, are the overhead costs incurred by a company to manage and support its operations. These expenses do not directly associate with the production of goods or services.
General and Administrative Expenses (G&A) refer to the expenditures an organization incurs for the daily operations and management of its business, distinct from costs involved in production or sales. They encompass a range of operational overheads such as management salaries, office rent, utilities, and accounting fees.
