answersLogoWhite

0

What is non financial costs?

Updated: 4/28/2022
User Avatar

Wiki User

13y ago

Best Answer

Non-Financial Cost Are The Cost That Doesn't Directly In companies cash Flow Or Income Statement Such As Cost Of Non-Efficient Employees

User Avatar

Kayley Johns

Lvl 10
2y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is non financial costs?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are non financial assets?

non financial assets characteristics


How you can deal with organization costs in the financial statements?

Organization costs are capitalized under Other Assets (non-current) and amortized (written off to an expense account) over a period of time, usually 60 months.


What is non-financial investment?

A financial investment would be when a monetary investment is made. A non-financial investments is a non-monetary investment, for example, donating time and energy.


Should a management accounting system provide both financial and non financial information?

accounting system provide both financial and non financial information.explain.


What are non-financial budgets?

Budgets are not expressed in dollar value termed non-financial budgets.


What is the role of non-financial incentives over the financial incentives?

Non-financial incentives are gifts given to an employee and financial incentives is money given to an employee for doing a good job. Non-financial incentives do not raise moral like a money gift does.


What is the role of non financial incentives over financial incentives?

Non-financial incentives are gifts given to an employee and financial incentives is money given to an employee for doing a good job. Non-financial incentives do not raise moral like a money gift does.


Differences between financial and non-financial information?

Financial information is concerned with making money and managing money for the organization. Non-financial information is information about customers, suppliers, etc.


What is the difference between Financial and non financial institutions?

The main difference between financial and non financial institutions is in their functions. Financial institutions will accepts deposits and offer financial services like loans and so on while non-financial institutions do not engage in financial activities.


Examples of non relevant cost?

Examples are Sunk Costs, Fixed costs and Allocated Costs.


How much does the financial times cost?

Weekdays it costs £2.00


What are example of non financial incentive?

An example of a non-financial incentive for an employee would be a free meal or a team event. Other non-financial incentives include educational benefits and additional holiday leave.