Examples of expenses include rent, utilities, wages, salaries, maintenance, depreciation, insurance, and the cost of goods sold. Expenses are usually recurring payments needed to operate a business. What Are the Types of Expenses? Expenses can be categorized in a variety of ways. Expenses can be...
Define expense. expense synonyms, expense pronunciation, expense translation, English dictionary definition of expense. n. 1. a. Something spent to attain a goal or accomplish a purpose: an expense of time and energy on the project. b. A loss for the sak
OER is used for comparing the expenses of similar properties. An investor should look forred flags, such as highermaintenance expenses, operating income, or utilities that may deter them from purchasing a specific property. The ideal OER is between 60% and 80% (although the lower it is, the...
You will hear people talk about ‘overheads’ as a type of operating expense. Overheads are often thought of as things like rent, insurance, and utilities. However some people think of overheads as fixed costs while others think of them as indirect costs, and there are subtle differences betwe...
Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, includin...
Utilities Phone bill Internet bill Variable Expenses Variable expenses are costs that change depending on the amount of revenue generated. They can be either monthly or yearly expenses. An example of a variable expense would be the cost of goods sold. As the company sells more products, the cos...
FreshBooksexpense tracking softwarecan help businesses efficiently track and categorize their operating expenses, such as rent, utilities, insurance, and travel expenses. This feature helps businesses stay on top of their operating expenses, monitor their cash flow, and identify areas where they can red...
A cost that the company incurs during a period to avail of the services provided by the public utility companies is known as the Utilities Expenses. All the costs that a company incurs on the utility expense related to its manufacturing operations are considered part of the total factory overhe...
Program Expensesmeans all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including...
Expense: an outflow of money Some of the likely expenses for an airline may include: the cost of tickets sold, commissions earned by travel agents, airport fees, rent for checking-in space at airports, the cost of utilities at its offices, money it spent on advertising, wages and salaries...