Expenses that support the overall operations of a business and include the expenses of such activities as providing accounting services, human resource management, andfinancial management are called:

Question

Quizplus · Accepted Answer

General and administrative expenses are costs incurred to operate and support a business entity as a whole, including expenses related to general management, accounting, legal services, human resources, and other administrative functions. These expenses are not directly related to selling or purchasing activities and are distinct from operating expenses that are directly linked to a company's primary business activities.

Expenses That Support the Overall Operations of a Business and Include