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Q: What is considered a luxury because of their expense?
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Which of these are considered a luxury because of their expense?

taxicab


Why is The Book of Kells considered a luxury item?

Because it was expensive


Are human resources management costs to be considered an expense or an investment?

Human resources management is considered an investment. As such, it is an expense to the organization because no money is directly produced by the department.


Can a student loan cover a laptop?

Yes they can - because it is considered a "school-expense"


Would costs incurred for advertising be considered revenue or expense?

it is considered as a deferred expense.


Are hummers luxury SUV's?

No they are not ,they are far from anything considered luxury.


Are Cadillac Cars still considered a luxury car?

Yes, Cadillac cars are still considered luxury vehicles. While they are not extreme luxury such as Mercedes or BMW, it is still more luxury than say a dodge or chevy.


Are common stocks considered an expense?

Common stocks are indeed considered an expense. However, if the company from which the stock is issued is not profitable, it could be considered a liability.


Revenue and expense accounts are considered temporary accounts because they?

they are temporary accounts because they are closed out at the end of each fiscal period.


Is Freight considered to be an operating expense?

first of all it is not an operating expens because it donot involve in day to day operation ofbusiness rather it is only a charge to transportation expense.


Is Italy considered a luxury travel destination?

Italy is considered to be a luxury travel destination by many. It all depends where you go and where you stay.


Which of these is considered a fixed expense?

insurance