periodic expenses definition
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- What is PERIODIC EXPENSES? Expenses which take place on an irregular basis. Not recorded on a monthly basis. An example can be the payment of insurance premiums on a quarterly basis, maintenance costs of property, etc.
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administrative expenses definition administrative expenses. Administrative expenses are part of the operating expenses (along with selling expenses). Administrative expenses include expenses associated with the general administration of the business.dministrative expenses. Administrative expenses are part of the operating expenses (along with selling expenses). Administrative expenses include expenses associated with the general administration of the business.
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- Definition of Total Expense Ratio. Total expense ratio (TER) is the ratio between total fund costs and total fund assets. It provides information regarding total costs involved annually for investment funds. The costs include expenses like legal fees, management fees, and other operational expenses. Total Expense Ratio is also called as Expense Ratio.
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Expense Accounts Expense Accounts Expenses refer to costs incurred in conducting business. Technically, expenses are decreases in economic benefits during the accounting period in the form of decreases in assets or increases in liabilities that result in decreases in equity, other than those relating to distributions to equity participants.
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- exists and is an alternate of. Merge this question into. Split and merge into it. Answer by Isaac asamoah. Confidence votes 18. Example of periodic expenses are; Car insurance premium,property taxes, holiday expenses, expenses on certain seasonal activities.onfidence votes 18. Example of periodic expenses are; Car insurance premium,property taxes, holiday expenses, expenses on certain seasonal activities.
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expense Noun. 1. personal expense-the cost of personal or family living; some personal expenses are tax deductible. disbursal, disbursement, expense-amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures).
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biennial Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia. adjective Referring to or occurring every 2 years. noun Any serial or periodical with a frequency of publication of every 2 years. occurring every two years.
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- The definition and application of 'expenses' in accounting - Foundation level. An expense in accounting is the money spent or cost incurred in an entity's efforts to. generate revenue. Expenses represent the cost of doing business where doing. business is the sum total of the activities directed towards making a profit. 'Expenses' in accounting. Background to 'expenses' in accounting.
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- DEFINITION of 'Maintenance Expenses'. The costs incurred to keep an item in good condition and/or good working order.
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- a magazine or other journal that is issued at regularly recurring intervals. adjective. 2. published at regularly recurring intervals. 3. of or relating to such publications. 4. periodic1 .
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Expense Accounts Expense Accounts. Expenses refer to costs incurred in conducting business. Technically, expenses are decreases in economic benefits during the accounting period in the form of decreases in assets or increases in liabilities that result in decreases in equity, other than those relating to distributions to equity participants.
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- Q&A. In accounting, periodicity means that accountants will assume that a company's complex and ongoing activities can be divided up and reported in annual, quarterly and monthly financial statements. For example, some earth-moving equipment may require two years to manufacture but the activities will...
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- periodic. adjective. 1  Having or marked by repeated cycles: periodic oscillations. 2  Happening or appearing regularly or from time to time: periodic dental checkups; periodic rain showers. 3  Characterized by periodic sentences.
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Periodicity Assumption: Definition | Example | Explanation The Concept of Periodicity Assumption. Periodicity Assumption is the accounting concept that use to prepare and present Financial Statements into the artificial period of times as required by internal management, shareholders or investors.
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expense expense. Money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. Expenses may be in the form of actual cash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts).Expenses are summarized and charged in the income statement as deductions from the income before assessing income tax.xpenses may be in the form of actual cash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts). Expenses are summarized and charged in the income statement as deductions from the income before assessing income tax.
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prepaid expense definition prepaid expense. A current asset representing amounts paid in advance for future expenses. As the expenses are used or expire, expense is increased and prepaid expense is decreased. Related Q&A.
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What is the difference between recurring and non recurring cost? Recurring Cost are the one which has the certainity regarding that payment needs to be done in Fixed Interval of time . To Illustrate this , we can take an example of Salary payment to employees . This are the expenses which needs to be paid every month , hence there is certainity and also the interval of time can be estimated.
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recurring cost recurring cost. Regular cost incurred repeatedly, or for each item produced or each service performed. You Also Might Like... For a new company, the annual budget is among the first things you should set up - that is, if you expect your company to last for at least a year. There are two main components - cash flow and expenses. Cash flow is not the same as profits. ... Read more.
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- An accounting term that refers to all ongoing business expenses not including or related to direct labor, direct materials or third-party expenses that are billed directly to customers. Overhead must be paid for on an ongoing basis, regardless of whether a company is doing a high or low volume of business.
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Comments: 3G vs 4G Results from a speed test comparing Sprint's 4G and 3G networks (using a Samsung Epic 4G phone) and AT&T's 3G network (using a Dell Streak) show that Sprint 4G is considerably faster than both Sprint 3G and AT&T 3G. These test results were posted in October 2010.he target speed was at least 100 Mbps to qualify for the 4G label. Only two systems made the list: LTE-Advanced, an emerging version of LTE technology, and Wireless MAN-Advanced, the next version of WiMax, also called WiMax 2. Neither is commercially available yet.
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periodic expenses Definition. Costs which occur on an irregular basis, rather than monthly. Examples of periodic expenses may include quarterly insurance premiums, school taxes, or automobile maintenance costs.efinition. Costs which occur on an irregular basis, rather than monthly. Examples of periodic expenses may include quarterly insurance premiums, school taxes, or automobile maintenance costs.
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What is a 'Non-Operating Expense' BREAKING DOWN 'Non-Operating Expense' Non-operating expenses, like its name implies, is an accounting term used to describe expenses that occur outside of a company's day-to-day activities. These types of expenses include monthly charges like interest payments on debt, but can also include one-off or unusual costs.
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What is the difference between periodic motion and oscillatory motion? The word periodic refers to something that repeats after a regular amount of time. While oscillatory motion will almost certainly be periodic, not all periodic motion will be oscillatory. A common example is the orbit of the earth around the sun.
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periodical periodical. 1. Happening or appearing at regular intervals: cyclic, cyclical, isochronal, isochronous, periodic, recurrent. Idiom: like clockwork.
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periodic The definition of periodic is something that is recurring at regular intervals, or happens from time to time. 1  An example of periodic is a person's birthday happening once each year. 2  An example of periodic is a person going to their favorite restaurant every once in awhile.
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- recurring expenditure. For an investment in real property, the point at which gross income is equal to normal operating expenses, including debt service (the stage at which the next cash flow becomes positive). Also known as the default point. (Encyclopedia of Real Estate Terms 2nd Edition, Damien Abbott) Breakpoint