Operating expense is the cost of running your day-to-day business. Operating expenses include rent, utilities, supplies, and insurance. Direct expense is an expense that varies with changes in the cost object. Direct expenses include materials needed to manufacture a product, freight charges to transport product, and taxes related to the sale of goods.
give the full chart of the direct and indirect expenses . detail about this
direct expense
The main difference between the direct method and the indirect method involves the cash flows from operating activities. Under the direct method, the cash flows from operating activities will include the amounts for lines such as cash from customers and cash paid to suppliers. In contrast, the indirect method will show net income followed by the adjustments needed to convert the total net income to the cash amount from operating activities.
"If selling personnals have received the salary then it is selling expense but generally it is considered as administration expense." Nonprofits are often concerned with distinguishing between program (direct) and administrative (indirect) expense. In general, salaries of program staff are considered a direct expense of that program. Salaries for administrative staff who don't have direct service functions are considered indirect. Some administrative staff may also do direct service and in that case, their salaries may be divided based on the proportion of direct and indirect work they complete.
difference b/w direct tax and indirect tax
indirect-expense
Yes direct costs are expense when they are occurred and benefit of which are taken by company.
mechanincal operating tools are those which do their job with some degree of autonomy (i.e. without direct human input) whereas manual requires the user to do things explicity themselves.
insurance is an indirect expense.............
fuel is a direct expense.direct expense is an expense which can be directly related with production.hence it is recorded as an direct expense in trading account.
the difference between it's and it..is that it's means it is, while "it" is direct to the object .
The difference between direct marketing and indirect marketing.