Which of the Following Is Classified as a General and Administrative

question 46

Multiple Choice

Which of the following is classified as a general and administrative expense?

• A)Salaries of sales personnel.
• B)Utility costs for the production facility.
• C)Salaries of production supervisors.
• D)Salaries of Human Resource Department personnel.
• E)None of the above.

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Definitions:

Society's Perspective

An approach or viewpoint considering the interests and well-being of society as a whole rather than focusing on individual or narrow interests.

Marginal Benefit

The enhanced pleasure or utility that comes from consuming an extra unit of a product or service.

Marginal Cost

The cost incurred by producing one additional unit of a product or service, crucial for decision-making in production levels.

Optimal Amount

The ideal quantity of a resource or good that achieves the best outcome or utility.