definition of general operating expenses
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What is an 'Operating Expense' What is an 'Operating Expense'. An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX, operating expenses include rent, equipment, inventory costs, marketing, payroll, insurance and funds allocated toward research and development.
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What is a 'Non-Operating Expense' BREAKING DOWN 'Non-Operating Expense' Non-operating expenses, like its name implies, is an accounting term used to describe expenses that occur outside of a company's day-to-day activities. These types of expenses include monthly charges like interest payments on debt, but can also include one-off or unusual costs.
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- Operating expenses are expenses incurred by a company in the course of doing business. These expenses include anything necessary for the continued productivity and operations of the company, including ancillary expenses incurred as a result of the operations. A company will commonly look at cutting operating expenses if it is not profitable or if it wants to reduce costs.
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General and administrative expense General and administrative expense is the set of expenses required to administer a business, and which are not related to the construction or sale of goods or services.This information is needed to determine the fixed cost structure of a business.Examples of general and administrative expenses are: 1  Accounting staff wages and benefits.eneral and administrative expense is generally not considered to include research and development (or engineering) expenses, which are usually aggregated into a separate department. General and administrative expenses appear in the income statement below the cost of goods sold.
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organization expense organization expense - the cost (over a period of five years) of organizing a new corporation or partnership. business expense, trade expense - ordinary and necessary expenses incurred in a taxpayer's business or trade.
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- From Wikipedia, the free encyclopedia. Operating costs are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility. They are the cost of resources used by an organization just to maintain its existence. 1 Business operating costs.
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What are operating expenses? Cost of goods sold. These costs are reported as operating expenses on the income statement because of the matching principle. The revenues from the sale of merchandise must be matched with the cost of the merchandise that is sold. Selling, general and administrative expenses (SG&A).
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Examples of operating expenses Operating expenses are those expenditures that a business incurs to engage in any activities not directly associated with the production of goods or services (see an alternative definition at the bottom). These expenditures are the same as selling, general and administrative expenses.
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- http%3a%2f%2fwww.morningstar.com%2fInvGlossary%2fGlossary.aspx%3fterm%3doperating_income. Operating Income. The gross profit less operating expenses, as reported by the company for each of the past five fiscal years. Gross profit is equal to revenues minus costs of goods sold or costs of services provided. Operating Expenses are expenses incurred within the normal operations of a business. These include selling, general, and administrative expenses, and also depreciation and amortization of fixed assets. Operating Income excludes interest income and interest expense.
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sales, general, and administrative expenses Overhead costs to a company. Sales, general, and administrative expenses are usually recurring; they include things like rent, salaries, and money spent on office supplies. They do not generally include one-time costs.They form one of the single largest expenses a company can incur in its operations.ales, general, and administrative expenses (SG&A). Corporate overhead costs for a period including expenses such as advertising, salaries, and rent.
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operating expenses Related Terms. An expense incurred in carrying out an organization's day-to-day activities, but not directly associated with production. Operating expenses include such things as payroll, sales commissions, employee benefits and pension contributions, transportation and travel, amortization and depreciation, rent, repairs, and taxes.
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What is a 'Selling, General & Administrative Expense - SG&A' SG&A expenses are also monitored to ensure proper cash flow is being managed. BREAKING DOWN 'Selling, General & Administrative Expense - SG&A' SG&A are the costs that occur during the daily operations of a company and not directly related to the manufacturing of the product. These are the expenses related to the selling, promoting and delivering of a product as well as managing the company.
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general operating expenses definition, general operating expenses meaning | English dictionary general operating expenses definition, general operating expenses meaning | English dictionary. general. 15 a title for the head of a religious order, congregation, etc. n a meeting specially called to discuss a particular item of a company's business, usually one of some importance.
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What are General and Administrative Expenses? General and administrative expenses include all of the non-selling expenses. General and administrative expenses are costs that contribute to the overall operations of the company and can't really be directly related back to selling or making sales.These expenses include things like overhead, management salaries, accounting fees, and other expenses used to run the business.eneral and administrative expenses are costs that contribute to the overall operations of the company and can't really be directly related back to selling or making sales.
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What is a 'General And Administrative Expense - G&A' What is a 'General And Administrative Expense - G&A' A general and administrative expense (G&A) refers to expenditures related to the day-to-day operations of a business. General and administrative expenses pertain to operation expenses rather that to expenses that can be directly related to the production of any goods or services, including rent, utilities, insurance
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What is a 'General And Administrative Expense - G&A' BREAKING DOWN 'General And Administrative Expense-G&A'. General and administrative expenses encompass a variety of expenses associated with performing the daily operations in a company. In the company's income statement, these expenses with generally appear under operating expenses.eneral and administrative expenses pertain to operation expenses rather that to expenses that can be directly related to the production of any goods or services. General and administrative expenses include rent, utilities, insurance and managerial salaries. Next Up.
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Operating Expenses OPEX Definition, Meaning Explained, Examples Operating expenses typically represent spending for such things as: 1  Employee salaries/wages and overhead. 2  Contract labor. 3  Office space rental or lease and utilities costs). 4  Employee travel and training expenses. 5  Computer maintenance expenses.
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general and administrative expenses Sales, General, and Administrative Expenses. Overhead costs to a company. Sales, general, and administrative expenses are usually recurring; they include things like rent, salaries, and money spent on office supplies. They do not generally include one-time costs. They form one of the single largest expenses a company can incur in its operations. These expenses are included in one category on financial statements and are subtracted from revenue when calculating operating income.
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Operating cost Operating costs are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility.They are the cost of resources used by an organization just to maintain its existence.perating costs are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility.
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general operating expenses definition, general operating expenses meaning | English dictionary 12 an officer of a rank senior to lieutenant general, esp. one who commands a large military formation. 13 any person acting as a leader and applying strategy or tactics. 14 a general condition or principle: opposed to particular. 15 a title for the head of a religious order, congregation, etc.
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general operating expenses definition, general operating expenses meaning | English dictionary General Assembly n 1 the deliberative assembly of the United Nations, (Abbrev.) GA 2 the former name for the parliament of New Zealand 3 the supreme governing body of certain religious denominations, esp. of the Presbyterian Church.
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- 1 These costs are reported as operating expenses on the income statement because of the matching principle. 2  The revenues from the sale of merchandise must be matched with the cost of the merchandise that is sold. 3  Selling, general and administrative expenses (SG&A) .
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Examples of Operating Expenses (Marketing & Admin) Operating Expenses: Operating Expenses consist of goods or services used-up or consumed in operating a business. Operating Expenses consist of two categories; Marketing Expenses and Administrative Expenses. Marketing Expenses are expenses that DIRECTLY relate to the selling of a product or service.perating Expenses consist of goods or services used-up or consumed in operating a business. Operating Expenses consist of two categories; Marketing Expenses and Administrative Expenses. Marketing Expenses are expenses that DIRECTLY relate to the selling of a product or service.
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operating expenses An expense incurred in carrying out an organization's day-to-day activities, but not directly associated with production. Operating expenses include such things as payroll, sales commissions, employee benefits and pension contributions, transportation and travel, amortization and depreciation, rent, repairs, and taxes. These expenses are usually subdivided into selling expenses and administrative and general expenses.