Which of the Following Is Not an Administrative Expense

question 19

Multiple Choice

Which of the following is not an administrative expense?

• A)Salespersons' salaries
• B)Office staff salaries
• C)Depreciation of office equipment
• D)Office supplies used

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Definitions:

Claim Forms

Claim Forms are documents used in the healthcare industry by patients or providers to request payment or reimbursement from health insurance companies for services rendered.

Long Run

A period wherein all factors of production and costs are variable, allowing firms to adjust all inputs to reach a desired output level.

Short Run

The short run in economics is a period during which at least one factor of production is fixed, limiting the ability of businesses to adjust to market changes fully.

Average Fixed Cost

The fixed costs (costs that do not vary with output) divided by the quantity of output produced.