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Limitation of budget?
A limitation of a budget is that they may not account for the fact that monthly expenses are not always the same. They may also fail to address unexpected expenses.
What is the journal entry for paid in advance of the expenses for others company?
Expenses of other company is not recorded and it may be shown as loan to that company.
What are the two types of expenses?
fixed expenses and variable expenses
Which are the direct expenses in accounts?
Direct expense is an expense incurred that varies directly with changes in the volume of a cost object. A cost object is any item for which you are measuring expenses, such as products, services, employees, and customers. Here are several examples of direct expenses:The materials used to construct a product for saleThe cost of the freight needed to transport goods to and from the manufacturing facilityThe labor incurred to produce hours billable to a clientLabor and payroll taxes paid based on the number of units producedProduction materials consumed during the manufacture of goodsThe commission and payroll taxes related to the sale of goods or servicesDirect expenses are typically listed within the cost of goods sold section of the income statement. However, commission expenses are sometimes categorized lower down, in the selling and administrative expenses section of the income statement.There are many more types of expenses that are not direct expenses - they are called indirect expenses, because they do not vary with changes in the volume of a cost object. Examples of indirect expenses are:Facility rentFacility insuranceSalaried compensationDepreciation and amortizationResearch and development
How are variable expenses different from fixed expenses?
Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.
Expenses may be categorized as or?
jumpy
What can be categorized as Sundry expenses?
various and miscellaneous
How do you catagorize the pre-operative expenses?
Pre operative expenses are categorized as preliminary expenses and shown as other assets in balance sheet and amortized over period.
What does unclassified charges mean?
Unclassified charges refer to expenses that cannot be specifically categorized or assigned to a particular account. These charges may not fit into existing budget categories or require further investigation to properly allocate them.
Is professional fee expense an administrative expense or a selling expense?
Expenses which are incurred for the selling of product is called Selling Expenses while expenses incurred on administration of general day to day tasks are called administration expenses
What is the definition of estimated expenses?
estimated expenses are expenses that are not actual or real. it may be more than or less than the ctual expenses
What genre is fly by Nicki minaj?
It can be categorized as rap, hip-hop, pop, and pop rap. The hook may be categorized as r&b.
Limitation of budget?
A limitation of a budget is that they may not account for the fact that monthly expenses are not always the same. They may also fail to address unexpected expenses.
Is a surviving family out of state responsible for medical expenses?
No, but the estate the deceased left may be responsible for these expenses.
What is the fear of bumps called?
I think it may be categorized with the fear of holes/clusters. Trypophobia.
How are superstitions categorized?
Superstitions can be categorized according to the subject matter. They can be categorized according to the culture from which they originated. They can also be categorized according to time period.
Is there a larger bed than kingsize?
The largest bed you can get is categorized as king size. In some countries the largest size is queen size due to the lack of space in homes. You may get custom beds made on some sites but they are not categorized as king sized they are categorized as custom made.
