Administrative Expenses

Administration Overhead (Administration Expenses)
Administration overhead includes general office operations costs such as salaries, stationery, and telecommunication expenses, essential for executing administrative activities within an organization.
Insurance Dividend
Money paid, usually once a year, to policyholders with participating policies. Dividend rates are based on the insurance company's mortality experience, administrative expenses, and investment returns. Policyholders may choose to take these dividends in cash or may purchase additional life insurance.
Selling, General, and Administrative (SG&A) Expenses
SG&A expenses are essential for the daily operations of a business but do not include production costs. These expenses are tracked on a company's profit and loss statement and cover a variety of areas such as sales salaries, advertising, office expenses, and more.

Accounting Terms Lexicon

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