Which of the following is not classed as an administration expense in the income statement of a company?

Question

Quizplus · Accepted Answer

Depreciation on plant and machinery is typically classified under cost of goods sold (COGS) or operating expenses related to production, not as an administration expense. Administration expenses are more related to the general operation of the company, such as office supplies, salaries of administrative personnel, and auditor fees.

Which of the Following Is Not Classed as an Administration