In the context of expense accounts,salaries of executives and their staff are included under the category of:
A)interest expenses.
B)retained expenses.
C)general and administrative expenses.
D)research and development expenses.
E)depreciation expenses.

Question

Quizplus · Accepted Answer

Salaries of executives and their staff are typically categorized under general and administrative expenses because these costs are related to the overall administration and management of a company, rather than being directly tied to production, sales, or specific projects.

In the Context of Expense Accounts,salaries of Executives and Their