Describe the term Operating Expenses
Describe the term Operating Expenses in business accountancy?
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Operating Expenses: For running industry or profession, we require operating expenses. Such expenditures are paid for day to day office lighting, rent, salary, insurance premium, Internet bill, travelling expenditures and lots of other expenses for sales and research. It as well comprises the depreciation on fixed assets.
What is Wasting Assets. State briefly in terms of Accountancy?
Give a short introduction about the term uniform costing?
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Give a short introduction of the term “sales budget”? While preparing the sales budget what are the factors which can be taken?
1. Somerset Ltd manufactures components for the motor industry. In one of its workshops it has three workers, Joe, Jack and Jonny, who at any one time work on batches of the same component. The standard time allowed to produce one unit is one hour. The workers rate of pay is
Identify and elucidate three meso- and/or macro-level theories about deviance.
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What is the Historical Cost of Inventory?
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