Activities of Multinational Enterprises in Canada

Operating expense of enterprise, value

Operating expense refers to all expenses, other than financing expenses and income taxes, incurred in the normal course of business, including cost of goods sold, selling and administrative expenses and all other operating expenses.

Enterprise refers to the highest level of the Business Register statistical hierarchy and is associated with a complete set of financial statements. The enterprise, as a statistical unit, is defined as the organisational unit of a business that directs and controls the allocation of resources relating to its domestic operations, and for which consolidated financial and balance sheet accounts are maintained from which international transactions, an international investment position and a consolidated financial position for the unit can be derived. It corresponds to the institutional unit as defined for the System of National Accounts.