fixed costs
Depreciation an amortization are treated as non cash items because the actual amount of depreciation can not be known in cash terms..the depreciation does not lead to any inflow ore outflow of cash ....the amounbt of depreciation is jst deducted frm the actual value of the asset
Usually refers to the specific description of what the license allows, or specifies what the licensee can do, and includes the expiration date of the license (if it expires).
fixed expenses
variable costs
Depreciation is called a notional cost because it cannot be measured in real terms.
Depreciation means the reduction price of the fixed assets by consumption. It is an expense for business. In layman's terms, as regards the depreciation of a car, for instance, depreciation occurs when something loses value over time.
no
the terms and its conditions
These are two separate financial and business related terms. Depreciation regards the loss of value of product over time due to age, wear, and obsolescence. Amortization regards the payment schedule of those goods and services financed. Amortization and depreciation are related as financiers may calculate loss of value as part of the repayment. This is especially important when cars are leased, as the amortization amount takes into consideration loss of value.
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"Defined items" are defined in terms of "undefined terms".
A Latin equivalent of the English noun 'license' is copia, in terms of 'license' as official permission. Another is licentia, in terms of 'license' as unwarranted freedom. The Latin equivalent of the English verb 'to license' is potestatem dare, in which the noun 'potestatem' means 'power' and the verb 'dare' means 'to give'.