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Federal Act

Administrative Expenses Act of 1946

Citations

Statutes at Large
60 Stat. 806

Source: Cornell LII Popular Names Table

Frequently Asked Questions

What is the Administrative Act of 1946?+

(1946) The Administrative Procedure Act (APA) governs the process by which federal agencies develop and issue regulations.

Sourced from Summary of the Administrative Procedure Act | US EPA

What sales and administrative expenses does not include?+

SG&A does not include the direct costs of producing goods or acquiring goods for sale, which are calculated separately as cost of goods sold (COGS). It also excludes research and development (R&D) costs. The amount that a company spends on SG&A may play a key role in determining its profitability.

Sourced from What Is Selling, General & Administrative Expense (SG&A)?

What counts as administration costs?+

Administration expenses are the costs of paying wages and salaries and providing benefits to non-sales personnel. They are one of three kinds of expense that make up a company's operating expenses. The others are selling and general expenses.

Sourced from What are administration expenses - BDC

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.