The main function of the Majority and Minority Whips is to gather votes on major issues. Because they are the second ranking member of the Senate, if there is no floor leader present, the whip may become acting floor leader. Before 1969, the official titles were Majority Whip and Minority Whip. 1 Current floor leaders.
What is Business Income and Extra Expense Coverage? Also referred to as business interruption insurance, business income and extra expense coverage provides your business with financial protection when an insured loss prevents you from commencing business as usual.
General and administrative expense is the set of expenses required to administer a business, and which are not related to the construction or sale of goods or services.This information is needed to determine the fixed cost structure of a business.Examples of general and administrative expenses are: 1  Accounting staff wages and benefits.eneral and administrative expense is generally not considered to include research and development (or engineering) expenses, which are usually aggregated into a separate department. General and administrative expenses appear in the income statement below the cost of goods sold.