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TeachMeFinance.com - explain Production expenses Production expenses The term 'Production expenses' as it applies to the area of energy can be defined as ' Costs incurred in the production of electric power that conform to the accounting requirementsof the Operation and Maintenance Expense Accounts of the FERC Uniform System of Accounts'. Previous 5 Terms: Production capacity Production contract Production costs Production Credit Association (PCA) Production expense Next 5 Terms: Production expenses Production flexibility contract Production payments Production plant liquids Production, crude oil About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.