Operating expense of establishment

Definition

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.

Establishment refers to the level at which accounting data required to measure production is available (principal inputs, revenues, salaries and wages). The establishment, as a statistical unit, is defined as the most homogeneous unit of production for which the business maintains accounting records from which it is possible to assemble all the data elements required to compile the full structure of the gross value of production (total sales or shipments, and inventories), the cost of materials and services, and labour and capital used in production.

Measurements

  • Canadian dollar at current prices May 12, 2003 to current

Classifications

Relation to previous version

  • Operating expense of establishment February 09, 2017 to current

    This is the current version.

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