Are operating expenses overhead?

Question

923 viewsDecember 3, 2012Accounting

0

Hart December 2, 2012 0 Comments

Are the operating expenses what is called an overhead? I don’t know what overheads actually mean and how they relate to the operating expenses.

score 0 · Answer 1 · 2012-12-02T18:31:23+00:00

Overhead are the expenses that are incurred as part of the day to day operations. Overhead and operating expenses are pretty much synonymous terms.