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Expense cap is a maximum amount of money the landlord can charge the tenant for building operational expenses. Usually a base year is agreed upon by the landlord and the tenant (a year that the is used to determine rent escalations) and is used to calculate the building operational expenses yearly until the end or expiration of the lease.
An expense cap is a limit or maximum amount on the expenses that a company or individual is willing to incur. It serves as a budgeting tool to control and manage expenses within a predetermined range. The expense cap helps maintain financial discipline and ensures that spending does not exceed a specified threshold.
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What does CAP X stand for?
CAP X is an acronym for several things. Among them are Capital Expenditure(s), Capital Expense(s), Customer Accessible Parts eXpress, Cap-XX Limited, Capilano Excellence Scholarships, Capabilities Exchange, and Capacity Expansion 2020.
Depreciation expense of building is a administrative expense or a selling expense?
selling expense
Is an office expense an indirect expense?
yes it is an indirect expense
Is toner an office expense or an operating expense?
Office expense
What is a non monetary expense?
Monetary expense is basically a cash-money expense, so a non-monetary expense is an expense that isn't money. Some examples would be physical or personal expense.
Is credit card fee expense a selling or administrative expense?
selling expense.
Is utilities asset or expense?
Expense
Is the Depreciation a loss or an Expense?
An expense.
Restructuring charges be classified as an operating expense or as a nonoperating expense?
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
Why prepaid expense are not expense?
it is because,we just doing a early payment for the future expense
Is depreciation expense an asset or liability?
Depreciation expense is neither an asset or liability. It is an expense.
What expense classification would bad debt expense be listed under?
Admin expense
