The program costs nearly $18 billion a year, including administrative expenses.

Almost 14 percent, or $18.3 million, was used to cover administrative expenses, it said.

Sales, administrative and general expenses rose 9.7 percent, to $687 million.

Sometimes management fees may be used to cover administrative expenses.

Now they were carried on the books under sales and administrative expense.

From the outside it's also impossible to know whether the Met has done everything it can to hold down administrative expenses.

It may also show administrative expenses charged to your account.

The biggest cuts came in its general and administrative expenses, which fell by half, to $7.5 million.

None of the money had been used for administrative expenses, he stressed.

Big Blue also said it had trimmed sales, administrative and research expenses.