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When merchandise sold is assumed to be in the order in which the expenditures were incured the inventory method is called?
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∙ 14y ago
lifo
Wiki User
∙ 14y ago
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What is the Difference between budget and actual expenditure?
Budget is the projected financial estimate in a given year, whilst expenditures are the actual expenses incured in carrying out the budget.
What do you mean by cost accounting?
its the practice of calculating the resources incured in producing the final product
Does homeowners insurance cover injuries incured on a tractor?
No. That's what your major medical insurance policy is for.
What is unit or output costing?
Firstly, u've 2 understand what d meaning COST is. Cost is the total amount incured in producing/doing a particular thing. Now, when talking about UNIT COSTING, Unit Costing is the cost incured in producing a unit of commodity.
Are you responsible for a debt your husband incured from co signing someone?
Yes, you can be held responsible for it. The spouse is considered to have benefited from the agreement.
Can a cosigner on a student loan take the tuition deduction?
No tuition deduction exists to start..and if one did you couldn't as you incured no expense, other than finace expense
What type of compensation can you expect for your injury?
Injury compensation definitely is determined by the injury sustained and how you are currently affected and will be affected in the future, as well as costs that were incured resulting from the accident.
What is used to provide separate accounting and reporting for costs incured during an emergency or in support of a special program to obtain reimbursement for costs incurred?
emergency and special program (ESP) code
Can your spouse be garnished in the state of Alabama that the spouse incured?
Spouses share ownership of property, if it belongs to your spouse it belongs to you and therefore may be subject to any debt recovery measures used agaisnt you.
What is the difference between preliminary and preoperative expenses?
THERE IS NO DIFFERENCE BETWEEN PRELIMINARY AND PREOPERATIVE EXPENSES. THESE EXPENSES ARE INCURED IN BREFORE OPENING THE DOORS OF A BUSINESS OR RELEASING A NEW PRODUCT INTO THE MARKET ETC.. FOR EXAMPLE ADVERTISMENT, PRELAUNCHING EXPENSES, ETC.
Costs of insurance to the society?
cost of insuarance may be categorised into two types. i.e if whether insuared or not insuared. if not insuared maens what the loss you may incur when unassuarable property demages? and when it is assuared what is the opportunit cost incured due to such assuarance>
Can a spouse in Texas have his or hers wages garnished by the IRS for a tax lien that the spouse incured before the marriage?
Yes. Texas is a community property state, and all income earned by both spouses is property of the community. Because of this, technically your wages are also his wages and the IRS can go after them.
