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GSA on the financial statement means "General, Selling, and Administrative" expenses. These are the expenses associated with the actual market operations of the firm (i.e., generating revenue, getting product out the door, dealing with suppliers, responding to customers, paying the bills, etc.). Some activities not directly related market operations (e.g., research and development) may be excluded and reported as a separate expense.

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Q: What does the term GSA expenses mean in corporate financial statements?
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