What do you mean by ‘non-recurring expenses’?


Non-recurring expenses are those expenses that are incurred irregularly.
It is the cost that the company incurs and it is not generated frequently.
Like – a company purchases land or machine or maybe costs arise due to happening of any sudden event, impairment cost.
This type of cost is called non-recurring expenses.

Final answer:

Non-recurring expenses are expenses that incur irregularly. Example – impairment cost, restructuring cost, etc.