Actual cash outlays made during the period for payroll, advertising, and other operating expenses. Depreciation is not an out-of-pocket cost, since it involves no current cash expenditure.
| Accounting Dictionary: Out-Of-Pocket Cost |
Actual cash outlays made during the period for payroll, advertising, and other operating expenses. Depreciation is not an out-of-pocket cost, since it involves no current cash expenditure.
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