Question

what is meant by the adminstrative or general function of the coroporation? give two examples​

Answer 1

Answer:

General and administrative (G&A) expenses are incurred in the day-to-day operations of a business and may not be directly tied to a specific function or department within the company

Examples-

1. Rent.
2. Utilities.
3. Insurance.
4. Executives wages and benefits.
5. The depreciation on office fixtures and equipment.
6. Legal counsel and accounting staff salaries.
7. Office supplies.

Answer 2

Answer:

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General and administrative (G&A) expenses are incurred in the day-to-day operations of a business and may not be directly tied to a specific function or department within the company. General expenses pertain to operational overhead expenses that impact the entire business. Administrative expenses are expenses that cannot be directly tied to a specific function within the company such as manufacturing, production, or sales. G&A expenses include rent, utilities, insurance, legal fees, and certain salaries.

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