Which of the Following Defines General and Administration Expenses

question 17

Multiple Choice

Which of the following defines General and administration expenses?

• A)Costs incurred in getting goods ready for sale,including purchase cost
• B)Costs associated with selling the goods or services of the business
• C)Costs of running the office functions and other costs that do not fit in any other category
• D)Costs associated with borrowing money to operate the business,as well as costs to provide credit to customers,bad debts and discount

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Definitions:

Alternative Care

Health care practices that are not part of the standard Western medical practice, typically involving holistic and nature-based treatments.

Trend Toward

The general direction in which something is developing or changing.

Merging

The process of combining two or more entities into a single entity, often seen in corporate or organizational contexts.

Undersinsured Americans

Individuals in the United States who have health insurance but whose coverage is insufficient to cover the cost of medical care, often resulting in significant out-of-pocket expenses.