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Finance expenses are those expense which paid by company to acquire or borrow money from open market or financial market like interest, brockrage fee etc.
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What is the difference between finance expense and administrative expense?
Finance expense is that amount paid for the acquisition and using debt or equity finance like interest, brokerage fee, etc Administrative expense is that amount which is used to run day to day activities of business like admin staff salaries rent insurance etc
Is interest expense a selling or general and administrative expense?
Interest expense is neither selling or administrative, and it's too significant to be called a general expense. Interest expense is usually called a finance expense and is usually listed separately from SG&A, on the Income Statement
What are the typical examples of financing decisions regarding the wrong source of finance to the wrong business expense?
Typical examples of financing decisions regarding the wrong source of finance to the wrong business expense include spending money meant for education programs on road infrastructure.
What does miscellaneous mean in business?
Generally it means things that do not fit into established categories. For example, in finance or accounting, a miscellaneous expense is one that cannot or is not convenient to be entered into categorized expense accounts and is thus entered into the miscellaneous expense account.
What is defered expense?
Deferred int expenses is a term used in accounting for business and finance. It is used to refer to the interest on loans and payments, which is considered an expense that is deferred, or expected to be paid at a later date.
Why is interest expense treated as non operating expense?
Interest expenses are not operating expenses because interest is normally a financing activity as finance is acquired to run business operating activity is to manufacture product for sale.
Depreciation expense of building is a administrative expense or a selling expense?
selling expense
What are some books that can be used to help with expense management?
There are several books for expense management. A popular book is Personal Finance for Dummies by Eric Tyson. Project Estimating and Cost Management by Parviz F. Rad and Financial Management: Theory & Practice by Eugene F. Brigham and Michael C. Ehrhardt are also popular.
What is Deferred int expenses?
Deferred int expenses is a term used in accounting for business and finance. It is used to refer to the interest on loans and payments, which is considered an expense that is deferred, or expected to be paid at a later date.
Is toner an office expense or an operating expense?
Office expense
Is an office expense an indirect expense?
yes it is an indirect 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.
