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Which of these are considered a luxury because of their expense?

taxicab


Is gas considered a travel expense?

Yes, gas is considered a travel expense because it is a cost associated with transportation from one place to another.


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"


Is your monthly savings goal considered a variable or fixed expense?

Your monthly savings goal is considered a fixed expense because you have a set amount that you plan to save each month, which does not change.


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.


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.


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.


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.


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.