Question

expenses incurred to overhaul machine is non recurring expenses? ​

Answer 1

Answer:

Selling, general, and administrative expense represent a broad category of costs involved with the operations of a business. Within this broad category, you will find recurring and non-recurring expenses, each reported in various ways on a company’s financial statements. The main difference between recurring and nonrecurring general and administrative expenses can best be understood as the difference between regular, fixed expenses a company expects to have on an ongoing basis versus expenses that occur one-time or extraordinarily.