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What to you call the excess of expenses over revenues?

The excess of expenses over revenues is commonly referred to as a "net loss." This occurs when a company's total expenses surpass its total income during a specific period, indicating that it has spent more money than it earned. A net loss can impact a business's financial health and may lead to the need for corrective actions to improve profitability.


Why is it that the revenue and cost figures shown on a standard income statement may not be representative of the actual cash inflows and outflows that occurred during a period?

The recognition and matching principles in financial accounting call for revenues, and the costs associated with producing those revenues, to be "booked" when the revenue process is essentially complete, not necessarily when the cash is collected or bills are paid. Note that this way is not necessarily correct; it's the way accountants have chosen to do it.


Why might the revenue and cost figures shown on a standard income statement not represent the actual cash inflows and outflows that occurred during a period?

The recognition and matching principles in the financial accounting call for revenues, and the costs associated with producing those revenues, to be "booked" when the revenue process is essentially complete, not necessarily when the cash is collected or bills are paid. Note that this way is not necessarily correct; it's the way accountants have chosen to do it.


Employers incur operating costs for which payroll taxes?

Besides salaries and wages earned by employees, employers incur costs for various payroll taxes, including the employer's share of Social Security and Medicare, workers' compensation premiums and unemployment insurance. Often they also incur costs for certain employee benefits, including health insurance and post-retirement benefits. All in all, additional payroll related costs can amount to 30% to 40% of wages and salaries. Call 888-924-1776 for more information about payroll related operating costs.


What do you call the method that allocates costs by explicitly including all the services rendered among all support departments?

The method that allocates costs by explicitly including all the services rendered among all support departments is called the "reciprocal method" or "reciprocal allocation method." This approach recognizes the interrelationships between support departments and allocates costs based on the services exchanged among them, providing a more accurate reflection of their true costs. It typically involves solving a system of linear equations to determine the final cost allocations.

Related Questions

What do you call the company achievement when turnover matches total overhead costs?

Breakeven


WhatJanelle calls her friend frank long distance the 1st minute of the call costs 1.23 and each additional minute costs 0.89 the total cost of the call is 15.47 how many minutes did janelle and frank?

16


Why might the revenue and cost figures shown on a standard income statement not represent the actual cash inflows and outflows that occurred during a period?

The recognition and matching principles in the financial accounting call for revenues, and the costs associated with producing those revenues, to be "booked" when the revenue process is essentially complete, not necessarily when the cash is collected or bills are paid. Note that this way is not necessarily correct; it's the way accountants have chosen to do it.


Why is it that the revenue and cost figures shown on a standard income statement may not be representative of the actual cash inflows and outflows that occurred during a period?

The recognition and matching principles in financial accounting call for revenues, and the costs associated with producing those revenues, to be "booked" when the revenue process is essentially complete, not necessarily when the cash is collected or bills are paid. Note that this way is not necessarily correct; it's the way accountants have chosen to do it.


Top call center in the Philippines?

in terms of revenues and clients handled, i think it would be Convergys Philippines Corporation


What is the job of a telly caller?

Tely caller has to call different people and generate lead and ultimately to increase revenues


What is the answer to puzzle 35 in spectres call?

Cut the line from 9 - 4 total should equal 39 (10,11,12,1,2,3) (9,8,7,6,5,4)


What is the Call of duty headset that costs 90.00?

£ or $?


What is the cost per minute of a 17 minute telephone call from Boston to Chicago that costs a total of 2.38?

$2.38 / 17 minutes = $0.14 per minute


What is the cost for a full title examination for real estate?

Costs vary in different jurisdictions. You should call some law firms in your jurisdiction to get an idea of the costs locally.Costs vary in different jurisdictions. You should call some law firms in your jurisdiction to get an idea of the costs locally.Costs vary in different jurisdictions. You should call some law firms in your jurisdiction to get an idea of the costs locally.Costs vary in different jurisdictions. You should call some law firms in your jurisdiction to get an idea of the costs locally.


What kind of goods require search costs?

its when you have to call in a team for a covity search, that costs alot of money


How much does a business phone call cost?

a buisness call costs about 1.00 per min