(expenses
31EXPENSES — …
32Incidental Expenses — Expenses including fees and tips for porters, baggage handlers and other personal service employees. These expenses are part of the meals and incidental expenses reimbursement rates provided by the IRS. Unreimbursed incidental expenses are… …
33Ordinary And Necessary Expenses - O & NE — Expenses incurred by individuals for their business or primary employment. Ordinary and necessary expenses are categorized as such for income tax purposes, and these expenses are generally considered tax deductible in the year they are incurred.… …
34Commuting Expenses — Expenses that are incurred as a result of the taxpayer s regular means of getting back and forth to his or her place of employment. Commuting expenses can include car expenses and public transportation costs. Commuting expenses are never… …
35prepaid expenses — Expenses not yet incurred in a *financial reporting period, but for which cash payment has already been made. In line with the *accruals basis of accounting, prepaid expenses are recorded as a *current or *long term asset in the *balance sheet,… …
36Administrative and general expenses — Expenses of an electric utility relating to the overall directions of its corporate offices and administrative affairs, as contrasted with expenses incurred for specialized functions. Examples include office salaries, office supplies,… …
37inflexible expenses — Expenses that cannot be adjusted or eliminated such as car payments or rental payments. Antithesis of flexible expenses. Bloomberg Financial Dictionary …
38selling, general, and administrative (SG&A) expenses — expenses such as salespersons salaries and commissions, advertising and promotion, travel and entertainment, office payroll and expenses, and executives salaries. Bloomberg Financial Dictionary …
39SG&A expenses — expenses such as salespersons salaries and commissions, advertising and promotion, travel and entertainment, office payroll and expenses, and executives salaries. Bloomberg Financial Dictionary …
40preliminary expenses — Expenses incurred in the setting up of a company, for example the cost of issuing shares. These expenses may be written off to the share premium account …
