executive salaries, rent and other general administration cost in corporate costs are classified under
A. human resource management costs
B. corporate administration costs
C. treasury costs
D. discretionary costs
Answer: Option B
Solution (By Examveda Team)
Executive salaries, rent and other general administration cost in corporate costs are classified under corporate administration costs. Administrative expenses are costs related to the general administration of the business. This category of costs does not relate specifically to any business function such as production and sales. These costs are incurred at the corporate level, rather than by individual departments or business units.This Question Belongs to Management >> Management Accounting
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